Earnings Per Share
|6 Months Ended|
Jun. 30, 2015
|Earnings Per Share [Abstract]|
|Earnings Per Share||
5. EARNINGS PER SHARE
Basic earnings per share (“EPS”) is calculated using the average number of shares of common stock outstanding during each period. For the calculation of diluted shares, we assume that restricted stock is outstanding on the date of grant, and we assume the issuance of shares from the exercise of stock options using the treasury stock method.
Diluted shares consist of the following:
Because we recognized net losses for the three and six months ended June 30, 2015, there were no dilutive securities for those periods.
The entire disclosure for earnings per share.
Reference 1: http://www.xbrl.org/2003/role/presentationRef