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Earnings per share
 6 Months Ended
Jun. 30, 2015
Earnings per share [Abstract]  
Earnings per share
Note 7 — Earnings per share

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 common shares outstanding during the period.  Diluted EPS reflects the potential dilution that would occur if securities or other contracts to issue common stock were exercised or converted into common stock.

For the three months ended June 30, 2015, there were 279,000 anti-dilutive stock options outstanding.  For the six months ended June 30, 2015 there were no anti-dilutive stock options outstanding as the Company reported a net loss.  For the three and six months ended June 30, 2014 there was no anti-dilutive stock options outstanding as the Company reported a net loss for both periods.

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

 
For the three months
 
 
ended June 30,
 
  2015  2014 
Net income (loss)
 
$
101
  
$
(519
)
         
Basic:
        
Shares outstanding at beginning of period
  
15,585
   
15,612
 
Weighted average shares issued during the period, net
  
(1
)
  
-
 
Weighted average common shares, basic
  
15,584
   
15,612
 
Net income (loss) per common share, basic
 
$
0.01
  
$
(0.03
)
Diluted:
        
Weighted average common shares, basic
  
15,584
   
15,612
 
Dilutive impact of stock options and restricted stock awards
  
87
   
-
 
Weighted average common shares, diluted
  
15,671
   
15,612
 
Net income (loss) per common share, diluted
 
$
0.01
  
$
(0.03
)
         
 
For the six months
 
 
ended June 30,
 
   2015   2014 
Net loss
 
$
(284
)
 
$
(1,508
)
         
Basic:
        
Shares outstanding at beginning of period
  
15,592
   
15,473
 
Weighted average shares issued during the period, net
  
(51
)
  
-
 
Weighted average common shares, basic
  
15,541
   
15,473
 
Net loss per common share, basic
 
$
(0.02
)
 
$
(0.10
)
Diluted:
        
Weighted average common shares, basic
  
15,541
   
15,473
 
Dilutive impact of stock options and restricted stock awards
  
-
   
-
 
Weighted average common shares, diluted
  
15,541
   
15,473
 
Net loss per common share, diluted
 
$
(0.02
)
 
$
(0.10
)