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Net Income Per Share
 12 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Net Income Per Share

NOTE G – NET INCOME PER SHARE

The following table provides the computation of basic and diluted net income per share for the years ended December 31, 2014, 2013 and 2012 (in thousands, except per share amounts):

 

     Year Ended December 31,  
     2014      2013      2012  

Net income

    $ 1,132       $ 2,033       $ 65   
  

 

 

     

 

 

     

 

 

  

Basic weighted average shares outstanding

   53,483      48,263      45,027   

Effect of potentially dilutive securities

   2,533      4,512      3,688   
  

 

 

     

 

 

     

 

 

  

Diluted weighted average shares outstanding

   56,016      52,775      48,715   
  

 

 

     

 

 

     

 

 

  

Basic net income per share

 $ 0.02    $ 0.04    $ 0.00   
  

 

 

     

 

 

     

 

 

  

Diluted net income per share

 $ 0.02    $ 0.04    $ 0.00   
  

 

 

     

 

 

     

 

 

  

For the year ended December 31, 2014, there were 400,000 options and no warrants excluded from the calculation of diluted earnings per share as anti-dilutive. For the year ended December 31, 2013, there were 341,000 options and no warrants excluded from the calculation of diluted earnings per share as anti-dilutive. For the year ended December 31, 2012, there were no outstanding options or warrants excluded from the calculation of diluted earnings per share as anti-dilutive.