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Earnings per share (Tables)
9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Weighted Average Shares Used in Calculation of Basic and Diluted Net Income (Loss) Per Share

The following is a reconciliation of the weighted average shares used in the basic and diluted net income (loss) per common share computations.

 

 

 

Three Months Ended

September 30,

 

 

Nine Months Ended

September 30,

 

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Weighted average common shares-basic

 

 

18,091,650

 

 

 

18,855,533

 

 

 

18,238,533

 

 

 

18,785,696

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unexercised stock options and employee stock purchase plan, net of treasury share repurchase

 

 

290,468

 

 

 

 

 

 

331,328

 

 

 

 

Weighted average common shares-diluted

 

 

18,382,118

 

 

 

18,855,533

 

 

 

18,569,861

 

 

 

18,785,696