Earnings (Loss) Per Share

3 Months Ended

Mar. 31, 2021

The following table reconciles the numerator and denominator used to calculate diluted earnings (loss) per share for the three months ended March 31, 2021 and 2020:


	Three months ended March 31,
	2021		2020
Numerator:
Net income (loss) from continuing operations	$	(350,749)	$	(1,883,418)
Discontinued operations	495,410		818,273
Net income (loss)	144,661		(1,065,145)
Net (income) loss at subsidiary attributable to noncontrolling interest	22,167		9,525
Net income (loss) attributable to common shareholders	$	166,828	$	(1,055,620)
Denominator:
Weighted-average shares outstanding – basic	14,974,663		15,240,614
Dilutive effect of other securities	269,483		337,695
Weighted-average shares outstanding – diluted	15,244,146		15,578,309

As of March 31, 2021 and 2020, restricted stock awards and options to purchase 215,600 and 431,226 shares of common stock, respectively, were outstanding but were not included in the computation of diluted earnings per share because the effect would be antidilutive.