Annual report pursuant to Section 13 and 15(d)
Net Income (Loss) per Share
|12 Months Ended|
Dec. 31, 2018
|Earnings Per Share [Abstract]|
|Net Income (Loss) per Share||
Note K – Net Income (Loss) per Share
The following table provides the computation of basic and diluted net income (loss) per share for the years ended December 31, 2018, 2017 and 2016 (in thousands, except share and per share amounts):
We have adopted the two-class method in calculating earnings per share as we have determined our preferred shares to be participating securities. Under this method, we have included in weighted average shares outstanding all of our preferred sharesas we have assumed conversion to common shares. In periods of net loss, we have not allocated the net loss to our participating shareholders as they do not have a contractual obligation to share in losses.For the years ended December 31, 2018, 2017 and 2016, 0.3, 1.6 and 1.7 million options were excluded from the calculation of diluted earnings per share because the effect of including these potential shares was anti-dilutive. For periods in which the impact of contingently convertible Series A Preferred Stock was anti-dilutive, these shares were excluded from the calculation of diluted earnings per share.
The entire disclosure for earnings per share.
Reference 1: http://www.xbrl.org/2003/role/presentationRef