Earnings per Share

6 Months Ended

Jun. 30, 2018

The following table reconciles the numerators and denominators of the basic and diluted earnings per share computation (in thousands, except per share data):


	Three months ended						Six months ended
	June 30,						June 30,
	2018		2017		2018		2017
Numerator:
Net income	$	247	$	375	$	472	$	627
Denominator for basic net income per common share:
Weighted average common shares outstanding	12,963		12,831		12,941		12,818
Denominator for diluted net income per share:
Weighted average common shares outstanding	12,963		12,831		12,941		12,818
Dilutive effect of stock options and restricted stock	298		299		274		275
Diluted weighted average shares	13,261		13,130		13,215		13,093
Earnings per common share:
Basic	$	0.02	$	0.03	$	0.04	$	0.05
Diluted	$	0.02	$	0.03	$	0.04	$	0.05

In the three and six months ended June 30, 2018, options to purchase 83,417 shares of common stock with exercise prices ranging from $28.15 to $33.36 were not included in the computation of dilutive income per share, due to their antidilutive effect.

In the three and six months ended June 30, 2017, options to purchase 83,917 shares of common stock with exercise prices ranging from $28.15 to $33.36 were not included in the computation of dilutive income per share, due to their antidilutive effect.