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BASIC AND DILUTED INCOME (LOSS) PER COMMON SHARE (Tables)
9 Months Ended
Sep. 30, 2019
Earnings (loss) per share:  
Schedule of computation of basic and diluted income (loss) per share

The following table sets forth the computation of basic and diluted income (loss) per share (in thousands, except per share data):

 

   Three Months Ended  Nine Months Ended
   September 30,  September 30,
   2019  2018  2019  2018
Numerator:            
Net loss  $(3,252)  $(1,404)  $(3,070)  $(4,368)
Income from discontinued operations, net of income taxes   10,244    1,462    11,687    3,056 
Net income (loss)  $6,992   $58   $8,617   $(1,312)
                     
Denominator:                    
Weighted average basic shares outstanding   8,726    8,726    8,726    8,726 
Effect of dilutive securities - equity based compensation plans   4    8    4    —   
Denominator for diluted net income per common share   8,730    8,734    8,730    8,726 
                     
Income (loss) per share:                    
Basic                    
Loss from continuing operations  $(0.37)  $(0.16)  $(0.35)  $(0.50)
Income from discontinued operations   1.17    0.17    1.34    0.35 
    Net income (loss)  $0.80   $0.01   $0.99   $(0.15)
                     
Diluted                    
Loss from continuing operations  $(0.37)  $(0.16)  $(0.35)  $(0.50)
Income from discontinued operations   1.17    0.17    1.34    0.35 
    Net income (loss)  $0.80   $0.01   $0.99   $(0.15)