Quarterly report pursuant to Section 13 or 15(d)

EARNINGS (LOSS) PER SHARE (Tables)

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

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

 

   

Six Months Ended

June 30,

   

Three Months Ended

June 30,

 
                         
    2015     2014     2015     2014  
                         
Weighted-average common shares outstanding – basic     23,761,420       25,629,473       23,439,468       25,484,978  
Dilutive effect of options and warrants     1,244,861       2,059,677             2,011,254  
Weighted-average common shares outstanding – diluted     25,006,281       27,689,150       23,439,468       27,496,232  
Options and warrants excluded from the computation of diluted income (loss) per share because the effect of inclusion would have been anti-dilutive     234,163       675,000       3,605,000       675,000