Net Income (Loss) Per Share

9 Months Ended

Sep. 30, 2014

Earnings Per Share [Abstract]

Net Income (Loss) Per Share

NOTE G — NET INCOME (LOSS) PER SHARE

The following table provides the computation of basic and diluted net income (loss) per share for the three and nine month periods ending September 30, 2014 and 2013: (in thousands, except per share amounts)

	Three Months Ended September 30,					Nine Months Ended September 30,
	2014			2013		2014		2013
Net income (loss)	$	(291	)	$	900	$	85	$	1,176
Basic weighted average shares outstanding		54,444			48,933		51,272		48,007
Effect of potentially dilutive securities		—			4,240		2,654		4,592
Diluted weighted average shares outstanding		54,444			53,173		53,926		52,599
Basic net income (loss) per share	$	(0.01	)	$	0.02	$	0.00	$	0.02
Diluted net income (loss) per share	$	(0.01	)	$	0.02	$	0.00	$	0.02

For the nine months ended September 30, 2014, 50,000 outstanding options were excluded from the calculation of diluted earnings per share due to anti-diluted affects as compared to 154,000 and 144,000 options for the three and nine months ended September 30, 2013 that were excluded in the calculation of diluted earnings per share due to anti-diluted affects.