NET INCOME PER SHARE OF COMMON STOCK

3 Months Ended

Mar. 31, 2015

Earnings Per Share [Abstract]

NET INCOME PER SHARE OF COMMON STOCK

NOTE 7: 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,
	2015		2014
	(unaudited)		(unaudited)
Numerator:
Net income	$	486	$	1,985
Denominator (in thousands):
Weighted-average common stock outstanding		20,418		21,159
Effect of stock options and stock appreciation rights		540		431
Diluted weighted average common stock outstanding		20,958		21,590
Basic and diluted net income per share	$	0.02	$	0.09

The weighted average number of shares related to outstanding options and stock appreciation rights excluded from the calculation of diluted net income per share, since their effect was anti-dilutive, was 825,296 and 2,202,797 shares for the three months ended March 31, 2015 and 2014, respectively.