Quarterly report pursuant to Section 13 or 15(d)

Note 9 - Earnings (Loss) Per Share

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Note 9 - Earnings (Loss) Per Share
6 Months Ended
Jun. 30, 2018
Notes to Financial Statements  
Earnings Per Share [Text Block]
9.
       Loss Per Share
 
Basic loss per share is computed by dividing net loss by the weighted average number of common shares outstanding during the period. Diluted 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 loss per share computations:
 
   
Three Months Ended June 30
   
Six Months Ended June 30
 
Numerator:
 
2018
   
2017
   
2018
   
2017
 
Net loss
(in thousands)
  $
(505
)   $
(1,106
)   $
(301
)   $
(2,584
)
Denominator:
                               
Weighted average common shares outstanding:
                               
Basic
   
22,703,415
     
22,740,050
     
22,751,318
     
22,710,470
 
Dilutive effect of non-vested awards
   
-
     
-
     
-
     
-
 
Diluted
   
22,703,415
     
22,740,050
     
22,751,318
     
22,710,470
 
Net loss per share:
                               
Basic and diluted
  $
(0.02
)   $
(0.05
)   $
(0.01
)   $
(0.11
)
 
For the
three
and
six
months ended
June 30, 2018,
less than
0.1
million and
0.1
million of stock options were
not
included in the calculation because they would have an anti-dilutive effect, compared to
1.0
million and
0.6
million, respectively, for the same prior year periods.