NET INCOME PER SHARE OF COMMON STOCK (Tables)

3 Months Ended

Mar. 31, 2014

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.”


	Three months ended March 31,
	2014		2013
	(unaudited)		(unaudited)
Numerator:
Net income	$	1,985	$	1,705

Denominator (in thousands):
Weighted-average common stock outstanding		21,159		22,197
Effect of stock options and stock appreciation rights		431		473

Diluted weighted average common stock outstanding		21,590		22,670

Basic and diluted net income per share	$	0.09	$	0.08