Earnings Per Share

12 Months Ended

Dec. 31, 2013

Earnings Per Share [Abstract]

Earnings Per Share

NOTE E — Earnings Per Share

The table below provides a reconciliation of the numerator and denominator of the basic and diluted earnings per share (“EPS”) computations. Basic earnings per share is calculated using the weighted average number of common shares outstanding as the denominator and net earnings as the numerator. Diluted earnings per share is calculated by adding all potentially dilutive shares to the weighted average number of common shares outstanding for the numerator. All anti-dilutive shares are excluded from the computation of diluted earnings per share.

The calculations below provide net (loss)/earnings from continuing operations, weighted average common shares outstanding, and the resultant earnings per share from continuing operations for both basic and diluted EPS for the years ended December 31, 2013, 2012, and 2011.

($ in thousands, except per share amounts)	Net Earnings (Numerator)		Shares (In thousands) (Denominator)		Per Share Amount
2013
Basic EPS from continuing operations	$	1,997		33,601	$	0.06
Effect of dilutive securities:
Equity-based compensation plans		—		648
Diluted EPS from continuing operations	$	1,997		34,249	$	0.06
2012
Basic EPS from continuing operations	$	13,492		33,922	$	0.40
Effect of dilutive securities:
Equity-based compensation plans		—		601
Diluted EPS from continuing operations	$	13,492		34,523	$	0.39
2011
Basic EPS from continuing operations	$	11,263		34,321	$	0.33
Effect of dilutive securities:
Equity-based compensation plans		—		685
Diluted EPS from continuing operations	$	11,263		35,006	$	0.32

The following table shows the securities that could potentially dilute EPS in the future, but have been excluded from the 2013, 2012, and 2011 dilutive earnings per share calculations because they are either anti-dilutive or the exercise price exceeds the average market price.

	Year ended December 31,
(Number of shares in thousands)	2013		2012		2011
Stock options		—		346		539