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Basic and Diluted Earnings Per Common Share
6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Common Share

(3) BASIC AND DILUTED EARNINGS PER COMMON SHARE

 

The Company computes basic and diluted earnings per common share in accordance with the provisions of FASB 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 number of shares of the Company’s common stock subject to options, warrants, and convertible preferred stock excluded from computing diluted net loss per common share was approximately 433,000 and 394,000 as of June 30, 2018 and 2017, respectively, as their effect was anti-dilutive.