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EARNINGS PER SHARE | 6 Months Ended
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Jun. 30, 2015
EARNINGS PER SHARE |
EARNINGS PER SHARE | NOTE 2 — EARNINGS PER SHARE The following table presents a reconciliation of basic and diluted earnings per share for the three and six months ended June 30, 2015 and 2014, as follows:
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 30, |  |  | June 30, |
|  | 2015 |  | 2014 |  |  | 2015 |  | 2014 |
Basic earnings per share calculation: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income (loss) |  | $ | 1,615 |  | $ | 1,860 |  |  | $ | (3,400) |  | $ | 817 |
Weighted average number of common shares outstanding |  |  | 14,662,934 |  |  | 14,732,423 |  |  |  | 14,630,308 |  |  | 14,696,137 |
Basic net income (loss) per share |  | $ | 0.11 |  | $ | 0.13 |  |  | $ | (0.23) |  | $ | 0.06 |
Diluted earnings per share calculation: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income (loss) |  | $ | 1,615 |  | $ | 1,860 |  |  | $ | (3,400) |  | $ | 817 |
Weighted average number of common shares outstanding |  |  | 14,662,934 |  |  | 14,732,423 |  |  |  | 14,630,308 |  |  | 14,696,137 |
Common stock equivalents: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Stock options and non-vested stock awards |  |  | 118,020 |  |  | 448,076 |  |  |  | - |  |  | 482,512 |
Weighted average number of common shares outstanding |  |  | 14,780,954 |  |  | 15,180,499 |  |  |  | 14,630,308 |  |  | 15,178,649 |
Diluted net income (loss) per share |  | $ | 0.11 |  | $ | 0.12 |  |  | $ | (0.23) |  | $ | 0.05 |

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