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Net Income Per Share
6 Months Ended
Jun. 30, 2013
Net Income Per Share [Abstract]  
NET INCOME PER SHARE

NOTE E — NET INCOME PER SHARE

The following table provides the computation of basic and diluted net income per share for the three and six month periods ending June 30, 2013 and 2012: (in thousands, except per share amounts)

 

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

Net income

  $ 273     $ 551     $ 276     $ 1,154  
   

 

 

   

 

 

   

 

 

   

 

 

 
         

Basic weighted average shares outstanding

    48,793       44,954       47,529       44,827  

Effect of potentially dilutive securities

    4,951       2,696       4,768       2,674  
   

 

 

   

 

 

   

 

 

   

 

 

 

Diluted weighted average shares outstanding

    53,744       47,650       52,297       47,501  
   

 

 

   

 

 

   

 

 

   

 

 

 
         

Basic net income per share

  $ 0.01     $ 0.01     $ 0.01     $ 0.03  
   

 

 

   

 

 

   

 

 

   

 

 

 
         

Diluted net income per share

  $ 0.01     $ 0.01     $ 0.01     $ 0.02  
   

 

 

   

 

 

   

 

 

   

 

 

 

For the three and six months ended June 30, 2013, 2,500 and 119,000 outstanding options were excluded from the calculation of diluted earnings per share due to anti-diluted affects as compared to 884,499 and 904,499 shares of options for the three and six months ended June 30, 2012 were excluded in the calculation of diluted earnings per share due to anti-diluted affects.