EARNING (LOSS) PER SHARE

3 Months Ended

Mar. 31, 2017

(4) EARNING (LOSS) PER SHARE

Basic earnings (loss) per share is computed by dividing net income (loss) by the weighted-average number of common shares outstanding during the period. Diluted earnings per share is computed by dividing net loss by the weighted-average number of common shares outstanding and the number of dilutive potential common share equivalents during the period, calculated using the treasury-stock method for outstanding stock options. For the three months ended March 31, 2017 and 2016, the potential common stock equivalents totaled 2,393,750 and 2,218,250, respectively, and were excluded from the dilutive income (loss) per share calculation as their impacts of the potential shares would decrease the earnings ( loss ) per share.

The calculation of basic and diluted earnings (loss) per share for the three months ended March 31, 2017 and 2016 is as follows:

	2017		2016
BASIC
Net earnings (loss) attributable to common stockholders	$	428	$	(444)
Weighted average shares outstanding—basic		31,417,859		31,271,234
Net earnings (loss) per share—basic	$	0.01	$	(0.01)
DILUTED
Net earnings (loss) attributable to common stockholders	$	428	$	(444)
Weighted average shares outstanding—basic		31,417,859		31,271,234
Dilutive securities		146,625		—
Weighted average shares outstanding, diluted		31,564,484		31,271,234
Net earnings (loss) per share, diluted	$	0.01	$	(0.01)