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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings (Loss) per Share

The following reconciles amounts reported in the financial statements:

 

     Nine Months Ended September 30,  
     2017     2016  
     Net Income
(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

   $ 20,648       2,223,399      $ 9.29     $ 5,589        2,294,444      $ 2.44  

Effect of dilutive securities:

               

Options

       750,731          —          751,357     
  

 

 

   

 

 

      

 

 

    

 

 

    

Diluted

   $ 20,648       2,974,130      $ 6.94     $ 5,589        3,045,801      $ 1.83  
  

 

 

   

 

 

      

 

 

    

 

 

    
     Three Months Ended September 30,  
     2017     2016  
     Net Income
(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

   $ (2,012     1,642,933      $ (1.22   $ 4,924        2,293,964      $ 2.15  

Effect of dilutive securities:

               

Options (a)

     —         —               753,594     
  

 

 

   

 

 

      

 

 

    

 

 

    

Diluted

   $ (2,012     1,642,933      $ (1.22   $ 4,924        3,047,558      $ 1.62  
  

 

 

   

 

 

      

 

 

    

 

 

    

 

(a) The effect of the 767,500 outstanding stock options is antidilutive from the three months ended September 30, 2017 due to net loss reported for the period.