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Loss Per Share
12 Months Ended
Dec. 31, 2014
Loss Per Share

NOTE I: LOSS PER SHARE

We calculate basic earnings (loss) per share (EPS) of our common stock for any period by dividing the Company’s net earnings (loss) by the weighted-average number of common shares outstanding for that period. The calculation of diluted EPS assumes the issuance of common stock for all potentially dilutive share equivalents outstanding. Outstanding stock options and restricted shares were not considered to be dilutive securities for the years ended December 31, 2014, 2013 and 2012. due to the net loss incurred by the Company in 2014, 2013 and 2012. Set forth below are the computations of basic and diluted loss per share for each of the following periods:

 

     Year Ended December 31,  
     2014      2013      2012  
     (In thousands)  

Numerator:

        

Net loss

   $ (523    $ (637    $ (2,014
  

 

 

    

 

 

    

 

 

 

Denominator:

Weighted average shares outstanding

  4,906      4,691      4,597   

Dilutive effect of stock options and restricted shares

  —       —       —    
  

 

 

    

 

 

    

 

 

 

Denominator for diluted loss per share

  4,906      4,691      4,597