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Net Income (Loss) per Common Share
6 Months Ended
Jun. 30, 2018
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 and six months ended June 30, 2018, since there was a net loss, the Company excluded all 634 and 805, respectively, in 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. For the three and six months ended June 30, 2017, since there was a net loss, the Company excluded all 1,207 and 960, respectively, in 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
 
Six Months Ended
 
June 30,
 
June 30,
 
2018
 
2017
 
2018
 
2017
Weighted average common shares outstanding—basic
17,140

 
16,446

 
16,942

 
16,354

Dilutive common shares issuable in connection with stock plans

 

 

 

Weighted average common shares outstanding—diluted
17,140

 
16,446

 
16,942

 
16,354