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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2012
Summary of Significant Accounting Policies [Abstract]  
Schedule of Computation of Earnings Per Share

Diluted earnings (loss) per share is not computed for periods in which an operating loss is sustained. The computations were as follows for the years ended December 31:

 

                         

For the years ended

(in thousands, except earnings (loss) per share information)

  2012     2011     2010  

BASIC:

                       

Net earnings (loss)

  $ 4,163     $ 214     $ (14,559

Weighted average common shares outstanding

    8,245       7,206       7,206  
   

 

 

   

 

 

   

 

 

 

Earnings (Loss) per share – Basic

  $ 0.50     $ 0.03     $ (2.02
   

 

 

   

 

 

   

 

 

 

DILUTED:

                       

Net earnings (loss)

  $ 4,163     $ 214     $ (14,559

Weighted average common shares outstanding

    8,245       7,206       7,206  

Dilutive effect of warrants

    0       0       0  

Dilutive effect of stock options

    1       0       0  
   

 

 

   

 

 

   

 

 

 

Total common shares and dilutive potential common shares

    8,246       7,206       7,206  

Diluted earnings (loss) per share

  $ 0.50     $ 0.03     $ (2.02