Note D - Net Income (Loss) Per Share

9 Months Ended

Sep. 30, 2020

Notes to Financial Statements

Earnings Per Share [Text Block]

NOTE D—NET INCOME (LOSS) PER SHARE

Basic net income (loss) per share are computed based on the weighted average number of shares of common stock outstanding during the period. For the same periods, diluted net income (loss) per share further include the effect of dilutive stock options, stock appreciation rights and restricted share units outstanding during the period, all in accordance with FASB ASC No. 260 “Earnings per Share.” The following table sets forth the computation of basic and diluted net income (loss) per share:

	Three months ended September 30,					Nine months ended September 30,
	2020			2019		2020			2019
	Unaudited
Net income (loss)	$	(1,891	)	$	484	$	(5,434	)	$	(1,103	)
Income (loss) per share:
Basic	$	(0.08	)	$	0.02	$	(0.23	)	$	(0.05	)
Diluted	$	(0.08	)	$	0.02	$	(0.23	)	$	(0.05	)
Weighted average number of shares of common stock outstanding during the period used to compute basic net earnings (loss) per share (in thousands)		23,562			22,957		23,399			22,752
Incremental shares attributable to exercise of outstanding options, stock appreciation rights and restricted stock units (assuming proceeds would be used to purchase treasury stock) (in thousands)		-			983		-			-
Weighted average number of shares of common stock used to compute diluted net earnings (loss) per share (in thousands)		23,562			23,940		23,399			22,752