Quarterly report pursuant to Section 13 or 15(d)

Loss Per Share

v3.20.2
Loss Per Share
9 Months Ended
Sep. 30, 2020
Earnings Per Share [Abstract]  
Loss Per Share Loss Per Share
The following table sets forth the computation of basic and diluted loss per share:
Three Months Ended
September 30,
Nine Months Ended September 30,
(in thousands, except per share data) 2020 2019 2020 2019
Numerator:    
Net loss (10,539) (954) (18,674) (2,143)
Denominator:    
Denominator for basic earnings per share - weighted average shares
9,105  8,995  9,079  8,969 
Effect of dilutive securities:    
Employee stock options and stock grants —  —  —  — 
Denominator for diluted earnings per share - weighted average shares
9,105  8,995  9,079  8,969 
Net loss per share:
Basic $ (1.16) $ (0.11) $ (2.06) $ (0.24)
Diluted $ (1.16) $ (0.11) $ (2.06) $ (0.24)
The diluted earnings per share calculations exclude the effect of potentially dilutive shares when the inclusion of those shares in the calculation would have an anti-dilutive effect. The Company had 0.3 million and 0.2 million shares of common stock that were anti-dilutive for the three and nine months ended September 30, 2020, respectively. The Company had no shares of common stock that were anti-dilutive for the three and nine months ended September 30, 2019, respectively.