8. Income per Share

6 Months Ended

Jun. 30, 2017

Notes to Financial Statements

NOTE 8 - Income per Share

The following table sets forth the computation of basic and diluted income per share:

	Three Months Ended				Six Months Ended
	June 30, 2017		June 30, 2016		June 30, 2017		June 30, 2016
Numerator:
Net income (numerator for basic and diluted earnings per share)	$	1,318	$	1,365	$	50	$	1,878
Denominator:
Denominator for basic earnings per share weighted average shares		13,785,046		13,734,286		13,759,732		13,732,424
Effect of dilutive securities:
Options and RSUs		29,644		106,922		142,855		87,276
Denominator:
Denominator for diluted earnings per share weighted average shares		13,814,690		13,841,208		13,902,587		13,819,700
Basic income per share	$	0.10	$	0.10	$	0.00	$	0.14
Diluted income per share	$	0.10	$	0.10	$	0.00	$	0.14

Approximately 178,500 stock options granted for the three and six months ended June 30, 2017 were excluded from the calculation because they were anti-dilutive.