6) Earnings Per Share

3 Months Ended

Sep. 30, 2012

Notes

6) Earnings Per Share

6)      Earnings Per Share

The basic and diluted earnings per share amounts were calculated as follows:

		Three Months Ended September 30,		Nine Months Ended September 30,
		2012	2011	2012	2011
Numerator:
	Net earnings	$ 3,990,046	$    770,322	$ 9,245,262	$    456,716
Denominator:
	Basic weighted-average shares outstanding	9,585,285	9,390,822	9,540,631	9,258,945
Effect of dilutive securities:
	Employee stock options	853,876	17,358	12,766	25,543
Dilutive potential common shares		853,876	17,358	12,766	25,543
	Diluted weighted-average shares outstanding	10,439,161	9,408,180	9,553,397	9,284,488
Basic net earnings per share		$0.42	$0.08	$0.97	$0.05
Diluted net earnings per share		$0.38	$0.08	$0.97	$0.05

Net earnings per share amounts have been adjusted for the effect of annual stock dividends. For the three and nine months ended September 30, 2012 and 2011, there were -0- and 1,939,930 of anti-dilutive employee stock option shares, respectively, that were not included in the computation of diluted net loss per common share as their effect would be anti-dilutive.