(Loss) Income per Share

6 Months Ended

Jun. 30, 2012

Notes to Financial Statements

NOTE 8 - (Loss) Income per Share

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

	Three Months Ended					Six Months Ended
	June 30, 2012		June 30, 2011			June 30, 2012		June 30, 2011
Numerator:
Net  income (loss) (numerator for basic and diluted earnings per share)	$	1,246	$	(855	)	$	845	$	(1,543	)
Denominator:
Denominator for basic earnings per share weighted average shares		13,544,273		13,508,815			13,539,111		13,508,815
Effect of dilutive securities:
Options		868		-			1,740		-
Denominator
Denominator for diluted earnings per share weighted average shares		13,545,141		13,508,815			13,540,851		13,508,815
Basic income (loss) per share	$	0.09	$	(0.06	)	$	0.06	$	(0.11	)
Diluted income (loss) per share	$	0.09	$	(0.06	)	$	0.06	$	(0.11	)

A total of 1,030,224 shares related to options are not included in the computation of diluted loss per share for the three and six months ended June 30, 2011 because to do so would have been anti-dilutive for these periods.