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EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2016
EARNINGS PER SHARE  
Reconciliation of basic and diluted earnings per share

 

 

 

 

For the Years Ended December 31,

 

 

 

 

 

2016

    

2015

    

 

Basic earnings per share calculation:

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

 

 

$

319

 

$

(21,807)

 

 

Weighted average number of common shares outstanding

 

 

 

 

14,843

 

 

14,677

 

 

Basic net income (loss) per share

 

 

 

$

0.02

 

$

(1.48)

 

 

Diluted earnings per share calculation:

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

 

 

$

319

 

$

(21,807)

 

 

Weighted average number of common shares outstanding

 

 

 

 

14,843

 

 

14,677

 

 

Common stock equivalents:

 

 

 

 

 

 

 

 

 

 

Stock options and non-vested stock awards

 

 

 

 

238

 

 

 —

 

 

Weighted average number of common shares outstanding

 

 

 

 

15,081

 

 

14,677

 

 

Diluted net income (loss) per share

 

 

 

$

0.02

 

$

(1.48)

 

 


(1)   Stock options and RSUs granted and outstanding of 522,007 as of December 31, 2015 are excluded from the computation of diluted earnings due to the anti‑dilutive effect as a result of the Company’s net loss for the year ended December 31, 2015