|
7. Income (Loss) Per Share
Basic
income (loss) per share is calculated based on the weighted-average number of outstanding common shares during the applicable period.
Diluted income (loss) per share is based on the weighted-average number of outstanding common shares plus the weighted-average number
of potential outstanding common shares. In periods where they are anti-dilutive, such amounts are excluded from the calculations of dilutive
earnings per share. The following table reconciles the income (loss) and average share amounts used to compute both basic and diluted
income (loss) per share:
Schedule
of Earning Per Share
| |
|
2023 |
|
|
2022 |
|
|
2023 |
|
|
2022 |
|
| |
|
Three Months Ended |
|
|
Nine Months Ended |
|
| |
|
September 30, |
|
|
September 30, |
|
| (Amounts in Thousands, Except for Per Share Amounts) |
|
(Unaudited) |
|
|
(Unaudited) |
|
| |
|
2023 |
|
|
2022 |
|
|
2023 |
|
|
2022 |
|
| Income (loss) per common share from continuing operations |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Income (Loss) from continuing operations, net of taxes |
|
$ |
246 |
|
|
$ |
824 |
|
|
$ |
448 |
|
|
$ |
(1,682 |
) |
| Basic income (loss) per share |
|
$ |
.02 |
|
|
$ |
.06 |
|
|
$ |
.03 |
|
|
$ |
(.13 |
) |
| Diluted income (loss) per share |
|
$ |
.02 |
|
|
$ |
.06 |
|
|
$ |
.03 |
|
|
$ |
(.13 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Income (loss) per common share from discontinued operations, net of taxes |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Income (loss) from discontinued operations, net of taxes |
|
$ |
95 |
|
|
$ |
(160 |
) |
|
$ |
(44 |
) |
|
$ |
(442 |
) |
| Basic income (loss) per share |
|
$ |
.01 |
|
|
$ |
(.01 |
) |
|
$ |
- |
|
|
$ |
(.03 |
) |
| Diluted loss per share |
|
$ |
- |
|
|
$ |
(.01 |
) |
|
$ |
- |
|
|
$ |
(.03 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net income (loss) per common share |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net income (loss) |
|
$ |
341 |
|
|
$ |
664 |
|
|
$ |
404 |
|
|
$ |
(2,124 |
) |
| Basic income (loss) per share |
|
$ |
.03 |
|
|
$ |
.05 |
|
|
$ |
.03 |
|
|
$ |
(.16 |
) |
| Diluted income (loss) per share |
|
$ |
.02 |
|
|
$ |
.05 |
|
|
$ |
.03 |
|
|
$ |
(.16 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Weighted average shares outstanding: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Basic weighted average shares outstanding |
|
|
13,568 |
|
|
|
13,297 |
|
|
|
13,468 |
|
|
|
13,265 |
|
| Add: dilutive effect of stock options |
|
|
370 |
|
|
|
131 |
|
|
|
244 |
|
|
|
- |
|
| Add: dilutive effect of warrants |
|
|
41 |
|
|
|
19 |
|
|
|
37 |
|
|
|
- |
|
| Diluted weighted average shares outstanding |
|
|
13,979 |
|
|
|
13,447 |
|
|
|
13,749 |
|
|
|
13,265 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Potential shares excluded from above weighted average share calculations due to their anti-dilutive effect include: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Stock options |
|
|
- |
|
|
|
499 |
|
|
|
70 |
|
|
|
405 |
|
| Warrant |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Antidilutive Securities |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|