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Earnings Per Share
3 Months Ended
Mar. 31, 2013
Earnings (Loss) Per Share [Abstract]  
Earnings Per Share [Text Block]
Earnings Per Share
Basic earnings per share is calculated using the weighted average number of shares of common stock outstanding during the period.  Diluted earnings per share is computed in the same manner and also gives effect to all dilutive common equivalent shares outstanding during the period.  Potential common shares that would have the effect of increasing diluted earnings per share are considered to be antidilutive. In accordance with U.S. GAAP, these shares were not included in calculating diluted earnings per share. For the three months ended March 31, 2013, the weighted average number of stock options and restricted stock units excluded from the computation of diluted earnings per share was 810, because their effect was antidilutive. For the three months ended March 31, 2012, the weighted average number of stock options and restricted stock units excluded from the computation of diluted earnings per share was 981, because their effect was antidilutive. Diluted earnings per share-weighted average shares outstanding do not include any effect resulting from assumed conversion of the Notes and warrants as their impact would be anti-dilutive.
The Company’s basic and diluted earnings per share amounts are as follows:

Three Months Ended March 31,

2013

2012
Numerator:





Net income
$
393


$
1,862

Denominator:



 

Basic earnings per share - weighted average shares outstanding
32,523


32,026

Effect of potential dilutive securities:





Employee stock options and restricted stock units - dilutive shares
716


687

     Diluted earnings per share - weighted average shares outstanding
33,239


32,713

Earnings per share:
 


 

Basic
$
0.01


$
0.06

Diluted
$
0.01


$
0.06