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Net Income (Loss) per Common Share
3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Net Income per Common Share
Net Loss per Common Share

Basic net loss per share is calculated based on the weighted average number of common shares outstanding during the period. Diluted net loss per share incorporates the dilutive effect of common stock equivalent options, warrants and other convertible securities, if any, as determined with the treasury stock accounting method. For the three months ended March 31, 2015 and 2014, since there was a net loss, the Company excluded all outstanding stock options and non-vested restricted shares from its diluted loss per share calculation, as inclusion of these securities would have reduced the net loss per share.
A reconciliation of the basic and diluted weighted average common shares outstanding is as follows:
 
 
Three Months Ended
 
March 31,
 
2015
 
2014
Weighted average common shares outstanding—basic
15,538

 
15,313

Dilutive common shares issuable in connection with stock plans

 

Weighted average common shares outstanding—diluted
15,538

 
15,313