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Income (Loss) per Share
12 Months Ended
Dec. 31, 2020
Income (Loss) per Share  
Income (Loss) per Share

14. Income (Loss) per Share

Basic and diluted income (loss) per share is computed by dividing net income (loss) by the weighted-average number of common shares outstanding during the period. The following table sets forth the computation of basic and diluted income (loss) per share:

 

 

 

 

 

 

 

 

 

 

Year Ended

 

 

December 31, 

 

    

2020

 

2019

Numerator:

 

 

    

    

 

    

Net income (loss) from continuing operations

 

$

16,190

 

$

(4,993)

Net loss from discontinued operation

 

 

(61)

 

 

(124)

Net income (loss)

 

$

16,129

 

$

(5,117)

 

 

 

 

 

 

 

Denominator: 

 

 

 

 

 

 

Basic weighted-average common shares outstanding

 

 

11,228,707

 

 

11,196,710

Dilutive shares

 

 

3,297

 

 

 —

Diluted weighted-average common shares outstanding

 

 

11,232,004

 

 

11,196,710

 

 

 

 

 

 

 

Net income (loss) per share from continuing operations - Basic:

 

$

1.44

 

$

(0.45)

Net income (loss) per share from discontinued operations - Basic:

 

 

0.00

 

 

(0.01)

Net income (loss) per share - Basic:

 

$

1.44

 

$

(0.46)

 

 

 

 

 

 

 

Net income (loss) per share from continuing operations - Diluted:

 

$

1.44

 

$

(0.45)

Net income (loss) per share from discontinued operations - Diluted:

 

 

0.00

 

 

(0.01)

Net income (loss) per share - Diluted:

 

$

1.44

 

$

(0.46)

 

The Company reported a net loss for the year ended December 31, 2019. Accordingly, the potentially dilutive effect of 793,084 stock options and 7,347 restricted stock units were excluded from the computation of diluted earnings per share as of December 31, 2019, as their inclusion would be anti-dilutive.