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(Loss) Earnings per Share
 12 Months Ended
Dec. 31, 2018
(Loss) Earnings per Share  
(Loss) Earnings per Share

12. (Loss) Earnings per Share

Basic or diluted (loss) earnings per share is computed by dividing net earnings or loss by the weighted-average number of ordinary shares outstanding during the period.

The following table sets forth the computation of basic and diluted (loss) earnings per share, giving retroactive effect for the one-for-five reverse stock split effective December 20, 2017, attributable to continuing and discontinued operations:

 

 

 

 

 

 

 

 

 

 

December 31,

 

    

2018

    

2017

    

Numerator:

 

 

 

 

 

 

 

Net loss from continuing operations

 

$

(14,799)

 

$

(23,085)

 

Net (loss) income from a discontinued operation, net of taxes

 

 

(22,663)

 

 

1,075

 

Net loss

 

$

(37,462)

 

$

(22,010)

 

Denominator:

 

 

 

 

 

 

 

Basic and dilutive EPS—weighted average common shares outstanding

 

 

11,149,554

 

 

11,117,454

 

Basic and Diluted EPS:

 

 

 

 

 

 

 

(Loss) per share from continuing operations

 

$

(1.33)

 

$

(2.08)

 

(Loss) income per share from discontinued operations, net of taxes

 

 

(2.03)

 

 

0.10

 

(Loss) per share

 

$

(3.36)

 

$

(1.98)

 

The potentially dilutive effect of 985,876 and 993,587, stock options and restricted stock units as of December 31, 2018 and 2017, respectively, has been excluded from the computation of diluted earnings per share as their inclusion would be anti-dilutive.