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EARNINGS (LOSS) PER SHARE
6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
EARNINGS (LOSS) PER SHARE
10. EARNINGS (LOSS) PER SHARE

 

Basic earnings (loss) per share is computed based on the weighted average number of common shares outstanding. The calculation of diluted earnings (loss) per share includes the potential dilutive impact of unvested restricted stock awards and contingently issuable shares during the periods presented, unless their effect is anti-dilutive. For the three and six months ended June 30, 2017 and 2016, common stock equivalents excluded from the calculation of weighted average shares because they were antidilutive are as follows:

 

    Three Months Ended
June 30,
    Six Months Ended
June 30,
 
    2017     2016     2017s     2016  
                                 
Stock options     390,525       390,525 (1)     390,525       390,525 (1)
Unvested shares of restricted common stock     356,555       11,111       356,555       11,141  
Outstanding warrants     1,000,000             1,000,000        
                                 
Total     1,747,080       401,636       1,747,080       401,666  

 

  (1) Includes weighted average number of shares for options and shares of restricted stock issued during the period