Three months ended June 30,

Six months ended June 30,

2017

2016

2017

2016

Numerator:

Net income (loss)

$

(820

)

$

955

$

(1,288

)

$

2,323

Denominator:

Basic weighted average shares outstanding

8,638,091

9,112,613

8,702,743

9,154,568

Dilutive common stock equivalents using treasury stock method

—

249,424

—

357,991

Diluted weighted average shares outstanding

8,638,091

9,362,037

8,702,743

9,512,559

Basic earnings (loss) per common share

$

(0.09

)

$

0.10

$

(0.15

)

$

0.25

Diluted earnings (loss) per common share

$

(0.09

)

$

0.10

$

(0.15

)

$

0.24

Weighted average options outstanding

869,838

869,471

858,845

935,021

Anti-dilutive options not included in the computations

869,838

277,195

858,845

277,195