Quarterly report pursuant to Section 13 or 15(d)

EARNINGS (LOSS) PER SHARE (Tables)

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EARNINGS (LOSS) PER SHARE (Tables)
9 Months Ended
Sep. 30, 2015
Earnings Loss Per Share Tables  
Schedule Earnings Per Share

Computations of basic and diluted weighted average common shares outstanding are as follows:

 

   

Nine Months Ended

 September 30,

   

Three Months Ended

 September 30,

 
                         
    2015     2014     2015     2014  
                         
Weighted-average common shares outstanding – basic     23,597,143       25,396,573       23,273,946       24,942,874  
Dilutive effect of options and warrants     993,344       2,214,406       1,380,753        
Weighted-average common shares outstanding – diluted     24,590,487       27,610,979       24,654,699       24,942,874  
Options and warrants excluded from the computation of diluted income (loss) per share because the effect of inclusion would have been anti-dilutive     105,000       675,000       105,000       3,700,000