(LOSS) EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2020

(LOSS) EARNINGS PER SHARE

Schedule of basic and diluted earnings per share

The following table sets forth the computation of basic and diluted (loss) earnings per share:

	Three Months Ended
	March 31,
	2020		2019
Numerator:	(in thousands, except per share amounts)
Net (loss) income	$	(2,551)	$	1,501
Denominator:
Denominator for basic earnings (loss) per share – weighted average shares		8,633		8,375
Effect of dilutive securities:
Employee restricted stock and incentive stock options		—		24
Denominator for diluted earnings (loss) per share – adjusted weighted average shares and assumed conversion		8,633		8,399
Basic (loss) earnings per share	$	(0.30)	$	0.18
Diluted (loss) earnings per share	$	(0.30)	$	0.18
Weighted average anti-dilutive employee restricted stock and incentive stock options		439		260