XML 26 R15.htm IDEA: XBRL DOCUMENT v3.8.0.1
EARNINGS (LOSS) PER SHARE
9 Months Ended
Sep. 30, 2017
Loss per share  
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 nine months ended September 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  

September 30,  

   

Nine Months Ended  

September 30,  

 
    2017     2016     2017s     2016  
                         
Stock options     279,687       390,525(1)       279,687       390,525(1)  
Unvested shares of restricted common stock     5,555       37,818       5,555       20,078  
Outstanding warrants     1,000,000             1,000,000        
Series A convertible preferred stock     793,000       699,004       768,473       581,535  
                                 
   Total     2,078,242       1,127,347       2,053,715       992,138  

  

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