Earnings Per Share
|3 Months Ended|
Mar. 31, 2017
|Earnings Per Share [Abstract]|
|Earnings Per Share||
10. 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 vesting, and we assume the issuance of shares from the exercise of stock options using the treasury stock method.
A reconciliation from basic to diluted shares follows:
Because we recognized a net loss for the three months ended March 31, 2016, there were no dilutive securities for that period.
The entire disclosure for earnings per share.
Reference 1: http://www.xbrl.org/2003/role/presentationRef