Basic income (loss) per share is computed by dividing net income (loss) by the weighted average number of common shares outstanding during the period. Diluted income (loss) per share assumes the issuance of potentially dilutive shares of common stock during the period. The following table reconciles the numerators and denominators of the basic and diluted income (loss) per share computations:

 

		Three Months Ended
		March 31
		2018				2017
Numerator:
Net income (loss) (in thousands)		$	204			$	(1,478	)
Denominator:
Weighted average common shares outstanding:
Basic			22,799,221				22,680,562
Dilutive effect of non-vested awards			57,900				-
Diluted			22,857,121				22,680,562
Net income (loss) per share:
Basic		$	0.01			$	(0.07	)
Diluted		$	0.01			$	(0.07	)

 

For the months ended million of stock options were included in the calculation because they would have an anti-dilutive effect. For the months ended million of stock options were included in the calculation because they would have an anti-dilutive effect.