Earnings (Loss) Per Share

9 Months Ended

Sep. 30, 2011

Earnings (Loss) Per Share [Abstract]

Earnings (Loss) Per Share

NOTE 8: EARNINGS (LOSS) PER SHARE

Basic earnings (loss) per share are computed by dividing net income (loss) applicable to common shares by the weighted average number of common shares outstanding during the period. Diluted earnings per share are computed by dividing net income applicable to common shares by the weighted average number of common shares adjusted to include the effect of potentially dilutive securities. Potentially dilutive securities include incremental shares issuable upon exercise of outstanding stock options and shares of unvested restricted stock. Diluted earnings per share exclude all dilutive securities if their effect is anti-dilutive.

The weighted average number of shares of common stock used in diluted earnings per share for the three and nine months ended September 30, 2011 and 2010 is as follows:

	Three Months Ended September 30,		Nine Months Ended September 30,
	2011  (1)	2010	2011  (1)	2010
Weighted average shares of common stock
used in basic earnings per share	5,424,927	5,362,433	5,408,603	5,360,485
Effects of stock options	0	26,687	0	24,634
Effects of restricted stock	0	18,072	0	16,412
	5,424,927	5,407,192	5,408,603	5,401,531

(1) Basic and diluted weighted average shares were the same for the three months and nine months ended September 30, 2011 because the effects of the potentially diluted securities were anti-dilutive and they were excluded from the calculation.