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Earnings Per Common Share (Tables)
6 Months Ended
Jun. 30, 2013
Reconciliation of Basic and Diluted Per Share Data

The following table is a reconciliation of basic and diluted per share data for the following periods (dollars in thousands, except per share amounts):

 

     Three Months Ended     Six Months Ended  
     June 30,     June 30,  
     2013      2012     2013      2012  

Basic

          

Net income (loss)

   $ 463       $ (3,190   $ 1,667       $ 656   

Weighted average shares outstanding

     19,117         18,991        19,152         18,943   

Basic earnings (loss) per common share

   $ 0.02       $ (0.17   $ 0.09       $ 0.03   

Diluted

          

Net income (loss)

   $ 463       $ (3,190   $ 1,667       $ 656   

Weighted average shares outstanding

     19,117         18,991        19,152         18,943   

Effect of dilutive securities

          

Stock options

     —           —          —           2   

Restricted stock

     78         —          149         184   
  

 

 

    

 

 

   

 

 

    

 

 

 

Weighted average common shares and potential dilutive shares

     19,195         18,991        19,301         19,129   

Diluted earnings (loss) per common share

   $ 0.02       $ (0.17   $ 0.09       $ 0.03