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Net Income Per Share Of Common Stock
3 Months Ended
Mar. 31, 2012
Net Income Per Share Of Common Stock [Abstract]  
Net Income Per Share Of Common Stock

NOTE 6:    NET INCOME PER SHARE OF COMMON STOCK

Basic net income per share is computed based on the weighted average number of shares of common stock outstanding during each period. Diluted net income per share is computed based on the weighted average number of shares of common stock outstanding during each period, plus dilutive potential shares of common stock considered outstanding during the period, in accordance with FASB ASC No. 260, "Earnings Per Share."

 

     Three months ended
March 31,
 
     2012      2011  
     (unaudited)      (unaudited)  

Numerator:

     

Net income

   $ 4,857       $ 4,651   
  

 

 

    

 

 

 

Denominator:

     

Weighted-average common stock outstanding

     23,507         22,692   

Effect of stock options

     732         1,196   
  

 

 

    

 

 

 

Diluted weighted average common stock outstanding

     24,239         23,888   
  

 

 

    

 

 

 

Basic net income per share

   $ 0.21       $ 0.20   
  

 

 

    

 

 

 

Diluted net income per share

   $ 0.20       $ 0.19   
  

 

 

    

 

 

 

The weighted average number of shares related to outstanding options excluded from the calculation of diluted net income per share, since their effect was anti-dilutive, was 748,077 and 364,798 shares for the three months ended March 31, 2012, and 2011, respectively.