Earnings Per Common Share (Tables)

9 Months Ended

Sep. 30, 2012

Earnings Per Common Share [Abstract]

Details the computation of earnings per common share, basic and diluted

The following table details the computation of earnings per common share, basic and diluted:

	For the Three Months Ended September 30,						For the Nine Months Ended September 30,
	2012			2011			2012			2011
Numerator for basic per share calculation:
Income from continuing operations for basic calculation	$	859,837		$	288,967		$	1,494,248		$	489,125
(Loss) income from discontinued operations, net of income tax expense		(194,313	)		1,231			(12,844,365	)		1,253,481
Net income (loss) for basic calculation	$	665,524		$	290,198		$	(11,350,117	)	$	1,742,606
Numerator for diluted per share calculation
Income from continuing operations	$	859,837		$	288,967		$	1,494,248		$	489,125
Adjustments to income from continuing operations for the income statement impact of dilutive securities		—			(75,859	)		—			—
Income from continuing operations for dilution calculation		859,837			213,108			1,494,248			489,125
(Loss) income from discontinued operations, net of income tax expense		(194,313	)		1,231			(12,844,365	)		1,253,481
Net income (loss) for dilution calculation	$	665,524		$	214,339		$	(11,350,117	)	$	1,742,606
Denominator:
Weighted average common shares – basic		10,702,509			10,599,031			10,670,966			10,572,288
Effect of dilutive securities:
RSUs		326,586			351,274			296,545			259,561
Stock options		64,793			46,852			25,925			3,753
Weighted average common shares – diluted		11,093,888			10,997,157			10,993,436			10,835,602
Per common share amounts – basic:
Income from continuing operations	$	0.08		$	0.03		$	0.14		$	0.05
(Loss) income from discontinued operations		(0.02	)		—			(1.20	)		0.11
Net income (loss)	$	0.06		$	0.03		$	(1.06	)	$	0.16
Per common share amounts – diluted:
Income from continuing operations	$	0.08		$	0.02		$	0.14		$	0.05
(Loss) income from discontinued operations		(0.02	)		—			(1.17	)		0.11
Net income (loss)	$	0.06		$	0.02		$	(1.03	)	$	0.16