Net Income (Loss) Per Common Share

6 Months Ended

Jun. 30, 2013

Net Income (Loss) Per Common Share [Abstract]

5.	Net Income (Loss) Per Common Share

Basic income (loss) per share reflects the amount of earnings (loss) for the period available to common shareholders and holders of participating securities and is based upon the weighted average number of common shares and participating securities outstanding during the period. Diluted earnings per share reflects, in periods in which they have a dilutive effect, the potential dilution that would occur if securities or other contracts to issue common stock were exercised or converted into common stock and is computed using the treasury stock method and if-converted method, where applicable.

Employee stock options totaling 75,000 for each of the three months and six months ended June 30, 2013 and 2012, respectively, were not included in the net income (loss) per share calculation because their effect would have been anti-dilutive. Convertible preferred stock, convertible into 293,057 shares of common stock for the six months ended June 30, 2013 and 2012, respectively, was not included in the net (loss) per share because its effect would have been anti-dilutive. Convertible notes, in the principal amount of $200,000, convertible into 66,666 shares of common stock, were not included in the net income (loss) per share calculation for each of the three months and six months ended June 30, 2013 and 2012, respectively, because their effect would have been anti-dilutive.

- Definition

The entire disclosure for earnings per share.

+ References+ Details

CCOM Group, Inc. 10-Q