NET INCOME PER SHARE OF COMMON STOCK (Tables)

6 Months Ended

Jun. 30, 2013

Calculation of Numerator and Denominator in Earnings Per Share

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.”


	Six months ended June 30,				Three months ended June 30,
	2013		2012		2013		2012
	(unaudited)		(unaudited)		(unaudited)		(unaudited)
Numerator:
Net income	$	3,880	$	8,336	$	2,175	$	3,479

Denominator (in thousands):
Weighted-average common stock outstanding		22,142		23,188		22,087		22,873
Effect of stock options		466		654		459		576

Diluted weighted average common stock outstanding		22,608		23,842		22,546		23,449

Basic net income per share	$	0.18	$	0.36	$	0.10	$	0.15

Diluted net income per share	$	0.17	$	0.35	$	0.10	$	0.15