Earnings Per Common Share

3 Months Ended

Mar. 31, 2019

(Share amounts in thousands)

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


	Three Months Ended March 31,
	2019		2018
Numerator for basic and diluted earnings (loss) per common share:
Net income (loss)	$	3,690	$	(1,858)
Denominator:
Weighted average shares outstanding	10,384		10,351
Denominator for basic earnings (loss) per common share	10,384		10,351
Effect of dilutive securities:
Stock compensation plans	63		—
Dilutive potential common shares	63		—
Denominator for diluted earnings (loss) per common share - adjusted weighted average shares outstanding	10,447		10,351
Basic earnings (loss) per common share	$	0.36	$	(0.18)
Diluted earnings (loss) per common share	$	0.35	$	(0.18)