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NET INCOME PER COMMON SHARE
 12 Months Ended
Dec. 31, 2019
NET INCOME PER COMMON SHARE  
NET INCOME PER COMMON SHARE

NOTE 4— NET INCOME PER COMMON SHARE

Basic earnings per share is computed by dividing net income available to common stockholders by the weighted average number of common shares outstanding for the period. Diluted earnings per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that would share in the net income of the Company. 

The following tables set forth the computation of basic and diluted earnings (loss) per share:

 

 

 

 

 

 

 

 

Years Ended December 31,

 

 

2019

    

2018

 

Basic:

 

 

 

 

 

 

Net income

$

3,341

 

$

5,677

 

Weighted average common shares

 

46,917

 

 

44,673

 

Earnings per share

$

0.07

 

$

0.13

 

Diluted:

 

 

 

 

 

 

Net income

$

3,341

 

$

5,677

 

 

 

 

 

 

 

 

Basic weighted average common shares

 

46,917

 

 

44,673

 

Potential common shares

 

703

 

 

1,394

 

Diluted weighted average common shares

 

47,620

 

 

46,067

 

Diluted earnings per share

$

0.07

 

$

0.12