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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2013
Earnings Per Share [Abstract]  
Computation of Earnings Per Share

The computations were as follows for the periods ended March 31:

 

                 
    For the three months
ended March 31,
 
    2013     2012  
    (In thousands)  

BASIC:

               

Net Earnings

  $ 499     $ 413  

Weighted average common shares outstanding

    13,387       7,220  
   

 

 

   

 

 

 

Basic earnings per share

  $ 0.04     $ 0.06  
   

 

 

   

 

 

 

DILUTED:

               

Net Earnings

  $ 499     $ 413  

Weighted average common shares outstanding

    13,387       7,220  

Dilutive effect of warrants

    891       0  

Dilutive effect of stock options

    114       0  
   

 

 

   

 

 

 

Total common shares and dilutive potential common shares

    14,392       7,220  

Diluted earnings per share

  $ 0.03     $ 0.06