Earnings Per Common Share

3 Months Ended

Mar. 31, 2020

(Share amounts in thousands)

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


	Three Months Ended March 31,
	2020		2019
Numerator for basic and diluted (loss) earnings per common share:
Net (loss) income	$	(1,866)	$	3,690
Denominator:
Weighted average shares outstanding	10,478		10,384
Denominator for basic (loss) earnings per common share	10,478		10,384
Effect of dilutive securities:
Stock compensation plans	—		63
Dilutive potential common shares	—		63
Denominator for diluted (loss) earnings per common share - adjusted weighted average shares outstanding	10,478		10,447
Basic (loss) earnings per common share	$	(0.18)	$	0.36
Diluted (loss) earnings per common share	$	(0.18)	$	0.35

There were approximately 190 anti-dilutive shares during the three months ended March 31, 2020 excluded from the above calculation. There were no anti-dilutive shares during the three months ended March 31, 2019.