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Earnings per Share
 12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Earnings per Share

15. Earnings per Share

Basic earnings per share are computed by dividing earnings available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted earnings per share reflect per share amounts that would have resulted if dilutive potential common stock had been converted to common stock in gain periods. The following reconciles amounts reported in the financial statements:

 

     Year Ended December 31,  
     2015     2014  
     Net Loss
(In 000’s)		     Weighted
Average
Number of
Shares
Outstanding		      Per Share
Amount		     Net Income
(In 000’s)		      Weighted
Average
Number of
Shares
Outstanding		      Per Share
Amount		  

Basic

    $ (12,784 )      2,312,810       $ (5.53 )    $ 27,046         2,361,134       $ 11.45   
       

 

 

          

 

 

  

Effect of dilutive securities:

                

Options

      —         —          —         —          753,897      
  

 

 

    

 

 

       

 

 

     

 

 

     

Diluted (a)

    $ (12,784 )      2,312,810       $ (5.53 )    $ 27,046         3,115,031       $ 8.68   
  

 

 

    

 

 

     

 

 

    

 

 

     

 

 

     

 

 

  

 

(a) The effect of the 767,500 outstanding stock options is antidilutive for the twelve months ended December 31, 2015 due to a net loss reported for the period.