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EARNINGS PER SHARE
 12 Months Ended
Dec. 31, 2011
EARNINGS PER SHARE  
EARNINGS PER SHARE

NOTE G - EARNINGS PER SHARE

 

The following table sets forth the computations of basic and diluted earnings per share (in thousands, except per share data):

 

 

 

 

Year ended December 31,

 

 

 

2011

 

 

2010

 

 

2009

 

Basic Earnings Per Share:

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

Net income from continuing operations

 

$

(11,793

)

 

$

(11

)

 

$

2,210

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 

1,947

 

 

 

1,947

 

 

 

1,947

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share from

 

 

 

 

 

 

 

 

 

 

 

 

continuing operations

 

 

(6.06

)

 

 

(0.01

)

 

 

(1.14

)

Basic earnings per share from

 

 

 

 

 

 

 

 

 

 

 

 

discontinued operations

 

$

-

 

 

$

-

 

 

$

-