Earnings Per Share

3 Months Ended

Mar. 31, 2012

Earnings Per Share [Abstract]

Earnings Per Share

(3) Earnings per Share

     We report basic earnings per common share, which excludes the effect of potentially dilutive securities, and diluted earnings per common share which include the effect of all potentially dilutive securities unless their impact is anti-dilutive. The following are reconciliations of the numerators and denominators of our basic and diluted earnings per share, (in thousands except for share and per share amounts):

		For the three months ended
		March 31, 2012		March 31, 2011
Income (numerator):
Net income	$	873	$	354
Weighted average shares (denominator):
Weighted average shares - basic		60,737,413		60,687,413
Dilution effect of share-based compensation, treasury method		520,462		75,209
Weighted average shares - dilutive		61,257,875		60,762,622
Earnings per share:
Basic	$	0.01	$	0.01
Dilutive	$	0.01	$	0.01