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Note 10 - Income (Loss) Per Share
9 Months Ended
Sep. 30, 2017
Notes to Financial Statements  
Earnings Per Share [Text Block]
10
.
Income (
Loss
)
per Share
 
Income (l
oss) per basic and diluted weighted average common share outstanding was calculated as follows for the
three
and
nine
months ended
September 
30,
2017
and
2016
(in thousands, except per share data):
 
   
Three Months Ended September 30,
   
Nine Months Ended September 30,
 
   
2017
   
2016
   
2017
   
2016
 
                                 
Income (loss) from continuing operations
  $
(1,587
)   $
1,420
    $
(6,550
)   $
(13,568
)
Loss on discontinued operations
   
(482
)    
(693
)    
(1,455
)    
(1,529
)
Net income (loss)
  $
(2,069
)   $
727
    $
(8,005
)   $
(15,097
)
                                 
Basic weighted-average common shares outstanding
   
9,620
     
9,597
     
9,611
     
9,583
 
Effect of potentially dilutive common shares
(1)
   
-
     
23
     
-
     
-
 
Diluted weighted-average common shares outstanding
   
9,620
     
9,620
     
9,611
     
9,583
 
                                 
Income (loss) per basic common share:
                               
Continuing operations
  $
(0.16
)   $
0.15
    $
(0.68
)   $
(1.42
)
Discontinued operations
   
(0.05
)    
(0.07
)    
(0.15
)    
(0.16
)
Net income (loss) per share
  $
(0.21
)   $
0.08
    $
(0.83
)   $
(1.58
)
                                 
Income (loss) per diluted common share:
                               
Continuing operations
  $
(0.16
)   $
0.15
    $
(0.68
)   $
(1.42
)
Discontinued operations
   
(0.05
)    
(0.07
)    
(0.15
)    
(0.16
)
Net income (loss) per share assuming dilution
  $
(0.21
)   $
0.08
    $
(0.83
)   $
(1.58
)
 
 
(
1
)
Due to the Company
’s net loss in the
three
and
nine
months ended
September 
30,
2017
and the
nine
months ended
September 
30,
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 
194,000
and
195,000
for the
three
and
nine
months ended
September 
30,
2017,
respectively, and approximately 
181,000
for the
nine
months ended
September 
30,
2016.