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LOSS PER COMMON SHARE
6 Months Ended
Jun. 30, 2017
LOSS PER COMMON SHARE

NOTE G—LOSS PER COMMON SHARE

Basic loss per common share has been computed by dividing net loss by the weighted-average number of shares of the Company’s common stock outstanding during the relevant period. Diluted loss per common share adjusts net loss and basic loss per common share for the effect of all potentially dilutive shares of the Company’s common stock. The calculations of basic and diluted loss per common share for the three and six month periods ended June 30, 2017 and 2016 are as follows:

 

     Three Months Ended
June 30,
     Six Months Ended
June 30,
 
     2017      2016      2017      2016  
     (in thousands, except per share amounts)  

Net loss– basic and diluted

   $ (2,096    $ (1,191    $ (3,427    $ (5,479

Weighted-average shares outstanding – basic and diluted

     14,456        14,155        14,426        14,059  

Basic and diluted loss per common share

   $ (0.14    $ (0.08    $ (0.24    $ (0.39
  

 

 

    

 

 

    

 

 

    

 

 

 

 

The computation of diluted loss per common share for the three and six months ended June 30, 2017 excludes 1,990,982 shares and 1,997,072 shares, respectively, related to options to purchase shares and other stock awards. The computation of diluted loss per common share for the three and six months ended June 30, 2016 excludes 2,084,767 shares and 2,187,139 shares, respectively, related to options to purchase shares and other stock awards. These shares, in each case, were excluded due to their antidilutive effect.