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Net (loss) income per share
9 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Net (loss) income per share
Net (loss) income per share

(Loss) earnings per share are calculated in accordance with ASC Topic 260, which specifies the computation, presentation and disclosure requirements for earnings per share (EPS).  It requires the presentation of basic and diluted EPS.  Basic EPS excludes all dilution and is based upon the weighted average number of shares of common stock outstanding during the period.  Diluted EPS reflects the potential dilution that would occur if convertible securities or other contracts to issue common stock were exercised. For the nine months ended September 30, 2018 and September 30, 2017, there were no anti-dilutive stock options outstanding.

The following is a reconciliation of the weighted average of shares of common stock outstanding for the basic and diluted EPS computations (in thousands, except per share data):

 
Three Months
Ended September 30,
 
2018
 
2017
Net loss from continuing operations
$
(16,704
)
 
$
(1,517
)
 
 
 
 
Basic:
 

 
 

Shares outstanding at beginning of period
15,993

 
15,907

Weighted average shares issued during the period, net
78

 
69

Weighted average common shares, basic
16,071

 
15,976

Net loss from continuing operations per common share, basic
$
(1.04
)
 
$
(0.10
)
Diluted:
 

 
 

Weighted average common shares, basic
16,071

 
15,976

Dilutive impact of stock options and restricted stock awards

 

Weighted average common shares, diluted
16,071

 
15,976

Net loss from continuing operations per common share, diluted
$
(1.04
)
 
$
(0.10
)

 
Nine Months
Ended September 30,
 
2018
 
2017
Net (loss) income from continuing operations
$
(17,959
)

$
1,724

 





Basic:
 


 

Shares outstanding at beginning of period
15,949


15,771

Weighted average shares issued during the period, net
84


178

Weighted average common shares, basic
16,033


15,949

Net (loss) income from continuing operations per common share, basic
$
(1.12
)

$
0.11

Diluted:
 


 

Weighted average common shares, basic
16,033


15,949

Dilutive impact of stock options and restricted stock awards


311

Weighted average common shares, diluted
16,033


16,260

Net (loss) income from continuing operations per common share, diluted
$
(1.12
)

$
0.11