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Earnings (Loss) Per Share (Tables)
3 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
Calculation of Earnings Per Share
Earnings (loss) per share was calculated as follows:
 
Three Months Ended March 31,
(In thousands, except per-share amounts)
2019
 
2018
BASIC
 
 
 
Net income (loss)
$
(1,005
)
 
$
(587
)
Weighted-average common shares outstanding
13,827

 
14,087

Basic earnings (loss) per share
$
(0.07
)
 
$
(0.04
)
 
 
 
 
DILUTED
 
 
 
Net income (loss)
$
(1,005
)
 
$
(587
)
Weighted-average common shares outstanding for basic
13,827

 
14,087

Dilutive effect of stock options, restricted stock and common stock warrants

 

Weighted-average common shares outstanding on a diluted basis
13,827

 
14,087

Diluted earnings (loss) per share
$
(0.07
)
 
$
(0.04
)
Securities Excluded from the Computation of Diluted Earnings (Loss) Per Common Share
The following number of stock options, shares of restricted stock and common stock warrants were excluded from the computation of diluted earnings per common share as their inclusion would have been anti-dilutive:
 
Three Months Ended March 31,
(In thousands)
2019
 
2018
Stock options
543

 
574

Restricted stock awards
227

 
203

Performance-based warrants
175

 
175