Earnings Per Share

12 Months Ended

Dec. 31, 2011

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

Note 6 – Earnings Per Share

Basic net income (loss) per share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. Diluted net income (loss) per share is computed by dividing net income (loss) by the weighted average number of shares of common stock and common stock equivalents outstanding during the period.

Common stock equivalents of 12,125,000 were not considered in calculating diluted net loss per common share for the year ended December 31, 2011 as their effect would be anti-dilutive. Common stock equivalents were taken into consideration in calculating diluted net income per common share for the year ended December 31, 2010. The computation of DCT’s basic and diluted earnings per share for the year ended December 31, 2010 is as follows (in thousands, except per share amounts):

Net income available to common shareholders (A)	$	279
Weighted average common shares outstanding (B)		20,581
Dilutive effect of employee equity incentive plans		6,412
Dilutive effect of warrants		99
Weighted average common shares outstanding, assuming dilution (C)		27,092
Basic earnings per common share (A)/(B)	$	0.01
Diluted earnings per common share (A)/(C)	$	0.01

The above calculation excluded 7,739,000 of stock options and warrants from the calculation of diluted earnings per common share as the exercise prices of these stock options and warrants were greater than or equal to the market value of the common shares. Such options and warrants could be included in the calculation in the future if the market value of DCT’s common shares increases and is greater than the exercise price of these options and warrants.