v2.4.0.8
Loss Per Share
12 Months Ended
Dec. 31, 2013
Loss Per Share

NOTE I: LOSS PER SHARE

We calculate basic earnings (loss) per share (EPS) of our common stock for any period by dividing the Company’s net earnings (loss) by the weighted-average number of common shares outstanding for that period. The calculation of diluted EPS assumes the issuance of common stock for all potentially dilutive share equivalents outstanding. Outstanding stock options and restricted shares were not considered to be dilutive securities for the year ended December 31, 2013 due to the net loss incurred by the Company in 2013. Set forth below are the computations of basic and diluted loss per share for each of the following periods:

 

 

     Year Ended December 31,  
     2013     2012     2011  
     (In thousands)  

Numerator:

      

Net loss

   $ (637   $ (2,014   $ (886
  

 

 

   

 

 

   

 

 

 

Denominator:

      

Weighted average shares outstanding

     4,691        4,597        4,535   

Dilutive effect of stock options and restricted shares

     —          —          —     
  

 

 

   

 

 

   

 

 

 

Denominator for diluted loss per share

   $ 4,691      $ 4,597      $ 4,535