7. Income per Share

9 Months Ended

Sep. 30, 2013

Notes to Financial Statements

NOTE 7 - Income per Share

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

	Three Months Ended				Nine months Ended
	September 30, 2013		September 30, 2012		September 30, 2013		September 30, 2012
Numerator:
Net  income (numerator for basic and diluted earnings per share)	$	514	$	884	$	1,116	$	1,729
Denominator:
Denominator for basic earnings per share weighted average shares		13,580,471		13,545,482		13,563,486		13,541,250
Effect of dilutive securities:
Options		68,099		3,664		56,190		2,381
Denominator
Denominator for diluted earnings per share weighted average shares		13,648,570		13,549,146		13,619,676		13,543,631
Basic income per share	$	0.04	$	0.07	$	0.08	$	0.13
Diluted income per share	$	0.04	$	0.07	$	0.08	$	0.13

A total of  287,444 shares related to options are not included in the computation of diluted income per share for the three and nine months ended September 30, 2013 because to do so would have been anti-dilutive for these periods.