Note 9 - Loss Per Share

3 Months Ended

Mar. 31, 2017

9 .	Loss per Share

Loss per basic and diluted weighted average common share outstanding was calculated as follows for the

three

months ended

March

31,

2017

and

2016

(in thousands, except per share data):

	Three Months Ended March 31,
	2017			2016

Net loss	$	(3,868	)	$	(9,583	)

Basic weighted-average common shares outstanding		9,604			9,572
Effect of potentially dilutive common shares (1)		-			-
Diluted weighted-average common shares outstanding		9,604			9,572

Loss per basic and diluted common share	$	(0.40	)	$	(1.00	)

(1)

Due to the Company’s net loss in the

three

months ended

March

31,

2017

and

2016,

the assumed exercise of stock options and the vesting of restricted stock units and performance share awards using the treasury stock method would have had an antidilutive effect and were therefore excluded from the computation of diluted loss per share. The weighted average number of such antidilutive shares not included in the computation of diluted loss per share was approximately

196,000

and

94,000

for the

three

months ended

March

31,

2017

and

2016,

respectively.