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Net (loss) Income Per Common Share (Tables)
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Income Per Common Share

The following table sets forth the computation of basic and diluted net income per common share:

 

 

Three months ended

 

 

 

March 31,

 

 

(dollars in thousands, except per share amounts)

2020

 

 

2019

 

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

Net (loss) income

$

 

(1,411

)

 

$

 

1,222

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

Weighted average number of shares of common stock outstanding

 

 

8,801,337

 

 

 

 

8,761,538

 

 

Weighted average effect of dilutive share-based compensation

 

 

-

 

 

 

 

98,987

 

 

Diluted weighted average number of shares of common stock outstanding

 

 

8,801,337

 

 

 

 

8,860,525

 

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income per common share:

 

 

 

 

 

 

 

 

 

 

Net (loss) income per common share - Basic

$

 

(0.16

)

 

$

 

0.14

 

 

Net (loss) income per common share - Diluted

$

 

(0.16

)

 

$

 

0.14