3.	Basic and Diluted Net Income (Loss) per Share

Basic net income (loss) per share is computed by dividing net income (loss) by the weighted average number of common shares outstanding during each period. Diluted net income (loss) per share is computed by dividing net income (loss) by the weighted average number of shares, including dilutive common share equivalents outstanding during each period. Under the treasury stock method, incremental shares representing the number of additional common shares that would have been outstanding if the dilutive potential common shares had been issued are included in the computation. Due to the loss from continuing operations for all periods presented, common share equivalents of 9,614 and 238,696 for the three months ended March 31, 2018 and 2017, respectively, and common share equivalents of 216,791 and 250,441 for the nine months ended March 31, 2018 and 2017, respectively,were excluded from the calculation as their effect was anti-dilutive.

The following table presents a reconciliation of the numerators and denominators of basic and diluted net (loss) income per share for the periods indicated:

	Three Months Ended March 31,				Nine Months Ended March 31,
	2018		2017		2018		2017

Loss from continuing operations	$	(848)	$	(2,185)	$	(5,066)	$	(5,151)
(Loss) income from discontinued operations, net of income taxes		(245)		527		22,851		477
Net (loss) income	$	(1,093)	$	(1,658)	$	17,785	$	(4,674)

Basic and diluted EPS:
Basic and diluted weighted average shares outstanding		9,824,588		9,261,862		9,549,215		9,231,932
Basic and diluted (loss) earnings per share:
Continuing operations	$	(0.09)	$	(0.24)	$	(0.53)	$	(0.56)
Discontinued operations		(0.02)		0.06	$	2.39		0.05
Net (loss) income	$	(0.11)	$	(0.18)	$	1.86	$	(0.51)