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NET INCOME PER COMMON SHARE
 3 Months Ended
Mar. 31, 2020
NET INCOME PER COMMON SHARE  
NET INCOME PER COMMON SHARE

NOTE 5—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.  For the three months ended March 31, 2020 and 2019, 6.0 million and 4.7 million restricted stock units, respectively, have not been considered in the diluted earnings per share calculation, as the effect would be anti-dilutive.     

 

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

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31,

 

 

 

    

2020

    

2019

    

 

Basic:

 

 

 

 

 

 

 

 

Net loss

 

$

(1,360)

 

$

(898)

 

 

Weighted average common shares

 

 

47,315

 

 

45,808

 

 

Earnings per share

 

$

(0.03)

 

$

(0.02)

 

 

Diluted:

 

 

 

 

 

 

 

 

Net loss

 

$

(1,360)

 

$

(898)

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average common shares

 

 

47,315

 

 

45,808

 

 

Potential common shares

 

 

 —

 

 

 —

 

 

Diluted weighted average common shares

 

 

47,315

 

 

45,808

 

 

Diluted earnings per share

 

$

(0.03)

 

$

(0.02)