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Net Income per Share
3 Months Ended
Mar. 31, 2013
Net Income per Share [Abstract]  
Net Income per Share
(5) Net Income per Share

Basic net income per share is based on the weighted average number of common shares outstanding. Diluted net income per share is based on the weighted average number of common shares outstanding and the dilutive effect of outstanding stock options:

   
3 Months Ended
 
   
March 31,
 
   
2013
  
2012
 
Weighted average number of common shares outstanding – basic
  7,946,462   7,939,165 
Potential shares exercisable under stock option plans
  517,000   463,500 
LESS: Shares which could be repurchased under treasury stock method
  (203,229)  (186,601)
          
Weighted average number of common shares outstanding – diluted
  8,260,233   8,216,064