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Income Per Share
12 Months Ended
Dec. 31, 2011
Notes to Financial Statements  
Income Per Share

 

9. Income Per Share

The following table sets the computation of basic and diluted (loss) income per share:

   Years ended December 31,
   2011  2010  2009
Numerator:               
Net (loss) income from continuing operations numerator for basic and diluted earnings per share  $(493)  $(660)  $2,363 
Denominator:               
Denominator for basic earnings per share weighted average shares   13,513,939    13,479,601    13,411,188 
Effect of dilutive securities:               
Stock options   —      —      188,555 
Denominator for diluted earnings per share weighted average shares   13,513,939    13,479,601    13,599,743 
Basic (loss) income per share  $(0.04)  $(0.05)  $0.18 
Diluted  (loss) income per share  $(0.04)  $(0.05)  $0.17 

 

Approximately 681,000, 1,000,000, and 184,000 stock options for the years ended December 31, 2011, 2010, and 2009, respectively, were excluded from the calculation because they were anti-dilutive.