Earnings Per Common Share

12 Months Ended

Dec. 31, 2018

(Share amounts in thousands)

The following table sets forth the computation of basic and diluted (loss) earnings per common share:


	Year Ended December 31,
	2018		2017*
Numerator for basic and diluted (loss) earnings per common share:
Net (loss) income	$	(31,168)	$	5,361
Denominator:
Weighted average shares outstanding	10,362		10,334
Denominator for basic earnings per common share	10,362		10,334
Effect of dilutive securities:
Stock compensation plans	—		149
Dilutive potential common shares	—		149
Denominator for diluted earnings per common share - adjusted weighted average shares outstanding and assumed conversions	10,362		10,483
Basic (loss) earnings per common share	$	(3.01)	$	0.52
Diluted (loss) earnings per common share	$	(3.01)	$	0.51

* Year ended December 31, 2017 amounts have been revised to reflect the change in inventory accounting method, as described in Notes 1 and 6 to the Consolidated Financial Statements.