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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2012
Earnings Per Share [Abstract]  
Computation of Earnings Per Share

The computations were as follows for the periods ended September 30, 2012 and 2011:

 

                                 
   

For the nine months

ended September 30,

   

For the three months

ended September 30,

 
    2012     2011     2012     2011  
    (In thousands, except per share information)  

BASIC:

                               

Net Earnings

  $ 1,379     $ (648   $ 484     $ 163  

Weighted average common shares outstanding

    7,385       7,206       7,467       7,206  
   

 

 

   

 

 

   

 

 

   

 

 

 

Basic earnings (loss) per share

  $ 0.19     $ (0.09   $ 0.07     $ 0.02  
   

 

 

   

 

 

   

 

 

   

 

 

 

DILUTED:

                               

Net Earnings

  $ 1,379     $ (648   $ 484     $ 163  

Weighted average common shares outstanding

    7,385       7,206       7,467       7,206  

Dilutive effect of stock options

    3       0       6       0  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total common shares and dilutive potential common shares

    7,388       7,206       7,473       7,206  

Diluted earnings (loss) per share

  $ 0.19     $ (0.09   $ 0.07     $ 0.02