8. Income per Share

9 Months Ended

Sep. 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				Nine Months Ended
	September 30, 2017		September 30,  2016		September 30, 2017		September 30, 2016
Numerator:
Net income (numerator for basic and diluted earnings per share)	$	600	$	719	$	650	$	2,597
Denominator:
Denominator for basic earnings per share weighted average shares		13,665,976		13,741,170		13,602,207		13,735,361
Effect of dilutive securities:
Options and RSUs		22,321		95,134		102,677		89,895
Denominator:
Denominator for diluted earnings per share weighted average shares		13,688,297		13,836,304		13,704,884		13,825,256
Basic income per share	$	0.04	$	0.05	$	0.05	$	0.19
Diluted income per share	$	0.04	$	0.05	$	0.05	$	0.19

Approximately 328,500 stock options granted for the three and nine months ended September 30, 2017 were excluded from the calculation because they were anti-dilutive.