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Earnings per Share (Tables)
12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings (Loss) per Share

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.