Basic (loss) income per share is computed by dividing net (loss) income by the weighted average number of common shares outstanding during the period. Diluted (loss) income 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 (loss) income per share computations:

 

		Three Months Ended
		March 31
Numerator:		2019				2018
Net (loss) income (in thousands)		$	(960	)		$	204
Denominator:
Weighted average common shares outstanding:
Basic			19,580,049				22,799,221
Dilutive effect of non-vested awards			-				57,900
Diluted			19,580,049				22,857,121
Net (loss) income per share:
Basic		$	(0.05	)		$	0.01
Diluted		$	(0.05	)		$	0.01

 

For the months ended there were stock options that were excluded from 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.