XML 27 R8.htm IDEA: XBRL DOCUMENT v2.4.0.8
2. BASIC AND DILUTED EARNINGS PER COMMON SHARE
 3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
BASIC AND DILUTED EARNINGS PER COMMON SHARE

(2) BASIC AND DILUTED EARNINGS PER COMMON SHARE

 

The Company computes basic and diluted earnings per common share in accordance with the provisions of ASC No. 260, Earnings per Share. Basic earnings per share excludes the dilutive effects of options, warrants and other convertible securities. Diluted earnings per share reflects the potential dilution of securities that could share in the Company’s earnings. The total number of shares of the Company’s common stock subject to options, warrants, convertible preferred stock and restricted stock units that were excluded from computing diluted net loss per common share was approximately 10,086,000 and 6,915,000 shares for the three months ended March 31, 2014 and 2013, respectively, as their effect was anti-dilutive.