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Earnings Per Share
12 Months Ended
Dec. 31, 2011
Earnings Per Share [Abstract]  
Earnings Per Share
Note 4 - Earnings Per Share

The calculation of basic and diluted earnings per share, including the effect of dilutive securities is as follows:

(in thousands, except per share data)
   
Year Ended December 31, 2011
   
Year Ended December 31, 2010
 
Net loss
$
(1,893
)
$
(1,960
)
Weighted average common shares outstanding
 
43,075
   
43,075
 
Effect of Dilutive Securities:
           
Assumed stock option exercise
 
-
   
-
 
Weighted average common shares outstanding assuming dilution
 
 
43,075
   
 
43,075
 
Net loss per common share - basic
$
(0.04
)
$
(0.04
)
Net loss per common share - assuming dilution
 
(0.04
)
 
(0.04
)

Options to purchase shares of common stock which were excluded from the computation of diluted earnings per share due to the effect of being antidilutive in the computation of earnings per share were as follows:

   
December 31, 2011
   
December 31, 2010
 
Option shares
 
816,000
   
836,000