Earnings (Loss) Per Common Share

12 Months Ended

Dec. 31, 2014

Earnings Per Share [Abstract]

Earnings (Loss) Per Common Share

7. Earnings (Loss) Per Common Share

Earnings (loss) per common share for all periods have been calculated in conformity with ASC 260, “Earnings Per Share.” This data is based on historical net income (loss) and the weighted average number of shares of our common stock outstanding during each period as set forth in the following table:

	Year Ended December 31,
	2014		2013		2012
	(In thousands)
Shares:
Weighted average number of shares of common stock outstanding		23,474		23,412		23,880
Shares assumed issued (less shares assumed purchased for stock-based compensation)		288		Not Applicable		119
Outstanding shares for diluted earnings (loss) per share calculation		23,762		23,412		23,999

A total of approximately 1.3 million shares for fiscal year 2014, approximately 1.4 million shares for fiscal year 2013 and approximately 1.7 million shares for fiscal year 2012 were excluded from the calculation of our diluted earnings per common share, because the effect was anti-dilutive.