Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE AND SHAREHOLDERS' EQUITY

v3.10.0.1
EARNINGS PER SHARE AND SHAREHOLDERS' EQUITY
 6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
EARNINGS PER SHARE AND SHAREHOLDERS' EQUITY
EARNINGS PER SHARE AND SHAREHOLDERS' EQUITY
Earnings per Share:
The following table sets forth the computation of basic and diluted loss per share (in thousands, except per share data):
    
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2018
 
2017
 
2018
 
2017
Basic and diluted:
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
Net income (loss)
$
549

 
$
(10,923
)
 
$
(4,747
)
 
$
(17,378
)
Less: Distributed and undistributed loss (unvested restricted stock)
—

 
(53
)
 
—

 
(87
)
Net income (loss) attributable to common shareholders
$
549

 
$
(10,870
)
 
$
(4,747
)
 
$
(17,291
)
Denominator:
 
 
 
 
 
 
 
Weighted-average shares (1)
15,043

 
14,851

 
15,004

 
14,805

Basic and diluted income (loss per share - common shareholders
$
0.04

 
$
(0.73
)
 
$
(0.32
)
 
$
(1.17
)

______________
(1) We have no dilutive securities.