Net Loss Per Common Share

3 Months Ended

Mar. 31, 2015

Note 6 — Net Loss Per Common Share

Basic net loss per common share is computed by dividing net loss by the basic weighted average number of common shares outstanding during the period. Diluted net loss per common share is computed by dividing net loss by the diluted weighted average number of common shares and common equivalent shares outstanding during the period. The weighted average number of common equivalent shares outstanding has been determined in accordance with the treasury-stock method. Common equivalent shares consist of common stock issuable on the exercise of outstanding options and vesting of restricted stock units when dilutive.

Basic and diluted weighted average common shares are as follows (in thousands):


	Three Months Ended March 31,
	2015		2014

Basic weighted average common shares outstanding		18,058		19,613
Weighted average common equivalent shares		—		—

Diluted weighted average common shares outstanding		18,058		19,613

Options excluded from diluted weighted average share calculation as effect would have been anti-dilutive		2,052		2,080

- Definition

The entire disclosure for earnings per share.

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