Annual report pursuant to Section 13 and 15(d)

Earnings Per Share (Tables)

v3.6.0.2
Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Computation of basic and diluted earnings per share from continuing operations
The following table sets forth the computation of basic and diluted earnings per share:
 
2016
 
2015
 
2014
Numerator:
 
 
 
 
 
Net (loss) income from continuing operations
$
(6,993,967
)
 
$
(10,269,278
)
 
$
12,618,787

Net loss from discontinued operations, net of tax
$
(99,334
)
 
$
(1,251,058
)
 
$
(7,156,524
)
Denominator:
 

 
 

 
 

Denominator for basic earnings per share - weighted average shares
8,649,745

 
8,710,361

 
8,702,094

Effect of dilutive securities:
 

 
 

 
 

Employee stock options and stock grants
—

 
—

 
13,008

Denominator for diluted earnings per share - weighted average shares
8,649,745

 
8,710,361

 
8,715,102

 
 
 
 
 
 
Net (loss) earnings per share from continuing operations:
 

 
 

 
 

Basic
$
(0.81
)
 
$
(1.18
)
 
$
1.45

Diluted
$
(0.81
)
 
$
(1.18
)
 
$
1.45

 
 
 
 
 
 
Net loss per share from discontinued operations:
 
 
 
 
 
Basic
$
(0.01
)
 
$
(0.14
)
 
$
(0.82
)
Diluted
$
(0.01
)
 
$
(0.14
)
 
$
(0.82
)