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Earnings (Loss) Per Share
9 Months Ended
Sep. 30, 2014
Net earnings (loss) per share-  
Earnings (Loss) Per Share
(4) Earnings (Loss) Per Share. Basic earnings (loss) per share has been computed on the basis of the weighted-average number of shares of common stock outstanding during the period. For the nine months ended September 30, 2015 and three months ended September 30, 2014 basic and diluted loss per share is the same due to the net loss incurred by the Company. For the nine months ended September 30, 2014 and for the three months ended September 30, 2015 basic and diluted earnings per share are the same because stock options outstanding during the period were not dilutive due to their exercise prices exceeding the fair value of the Company’s common stock during the period. Earnings (loss) per common share have been computed based on the following:

 

   Three Months Ended
September 30,
  Nine Months Ended
September 30,
   2015  2014  2015  2014
Weighted-average number of common shares outstanding used to calculate basic and diluted earnings (loss) per common share   9,558,024    9,152,860    9,519,779    8,470,459