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NET INCOME PER SHARE
12 Months Ended
Dec. 31, 2013
NET INCOME PER SHARE [Abstract]  
NET INCOME PER SHARE
(12) NET INCOME PER SHARE

Net income per share is computed by dividing net income by the weighted average number of shares of common stock and common stock equivalents outstanding during the periods presented. In accordance with GAAP, net loss per share would be antidilutive; therefore the basic and diluted loss per share is the same.

A summary of the numerator and denominator of the basic and fully diluted 2013, 2012 and 2011 net income (loss) per share is presented below.

 
 
Income (loss)
  
Shares Outstanding
  
Per-share
 
 
 
(Numerator)
  
(Denominator)
  
Amount
 
 
 
(Dollars in Thousands)
 
For the year ended December 31, 2013
 
  
  
 
Basic net income per share
 
$
12,727
   
8,506
  
$
1.50
 
Fully diluted income per share
 
$
12,727
   
8,772
  
$
1.45
 
 
            
For the year ended December 31, 2012
            
Basic net income per share
 
$
4,313
   
7,952
  
$
0.53
 
Fully diluted income per share
 
$
4,313
   
8,016
  
$
0.53
 
 
            
For the year ended December 31, 2011
            
Basic net loss per share
 
$
(430
)
  
7,946
  
$
(0.05
)
Fully diluted loss per share
 
$
(430
)
  
7,946
  
$
(0.05
)