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Basic and Diluted Net Income (Loss) Per Share
6 Months Ended
Jun. 30, 2019
Earnings Per Share, Basic and Diluted [Abstract]  
Basic and Diluted Net Income (Loss) Per Share
Basic and Diluted Net Income (Loss) Per Share
For the three and six months ended June 30, 2019 and 2018, basic net income (loss) per common share is computed by dividing net income (loss) by the weighted-average number of common shares outstanding during the period. Diluted net income per common share is calculated to give effect to all dilutive securities, if applicable, using the treasury stock method. In periods for which there is a net loss, diluted loss per common share is equal to basic loss per common share, since the effect of including any common stock equivalents would be antidilutive.
The following table sets forth the reconciliation of shares used to compute basic and diluted net (loss) income per share for the periods indicated (in thousands):
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2019
 
2018
 
2019
 
2018
Loss from continuing operations
 
$
(1,475
)
 
$
(350
)
 
$
(3,132
)
 
$
(1,738
)
Income from discontinued operations
 
266

 

 
266

 
5,494

Net (loss) income
 
$
(1,209
)
 
$
(350
)
 
$
(2,866
)
 
$
3,756

 
 
 
 
 
 
 
 
 
Weighted-average shares outstanding—basic and diluted
 
2,038

 
2,012

 
2,034

 
2,011

 
 
 
 
 
 
 
 
 
(Loss) income per common share—basic and diluted
 
 
 
 
 
 
 
 
Continuing operations
 
$
(0.72
)
 
$
(0.17
)
 
$
(1.54
)
 
$
(0.86
)
Discontinued operations
 
0.13

 

 
0.13

 
2.73

Net (loss) income per common share—basic and diluted
 
$
(0.59
)
 
$
(0.17
)
 
$
(1.41
)
 
$
1.87


The computation of diluted earnings per share excludes stock options and stock units that are anti-dilutive. The following common stock equivalents were anti-dilutive (in thousands):
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2019
 
2018
 
2019
 
2018
Stock options
 
111

 
36

 
106

 
26

Restricted stock units
 
34

 
23

 
32

 
17

Total
 
145

 
59

 
138

 
43