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Earnings per Share
 12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Earnings per Share

14. 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,  
     2016      2015  
     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

    $ 3,444        2,293,688      $ 1.50      $ (12,784 )      2,312,810      $ (5.53 ) 
        

 

 

          

 

 

  

Effect of dilutive securities:

                 

Options

         751,563           —         —          —    
  

 

 

     

 

 

        

 

 

    

 

 

     

Diluted (a)

    $ 3,444        3,045,251      $ 1.13      $ (12,784 )      2,312,810      $ (5.53 ) 
  

 

 

     

 

 

     

 

 

     

 

 

    

 

 

     

 

 

  

 

(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.