Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2013

Summary of Significant Accounting Policies [Abstract]

Components of other income

The components of other income for the two years ending December 31 are as follows:

	Year ended December 31
	(in thousands)
	2013			2012
Foreign currency gains / (loss)	$	146		$	186
Rental income-net		448			174
Other		(88	)		516
	$	506		$	876

Components of identifiable intangible assets

The components of identifiable intangible assets, including capitalized internal software development costs are:

	December 31,
	(in thousands)
	2013			2012
Acquired and internally developed software costs	$	16,640		$	11,988
Trademarks (non-amortizable)		1,800			1,800
		18,440			13,788
Less accumulated amortization		(3,369	)		(2,041	)
	$	15,071		$	11,747

Future amortization of intangible assets

The future amortization of these intangible assets is as follows (in thousands):

2014		2,032
2015		2,031
2016		2,000
2017		1,967
2018		1,937
Thereafter		3,304
	$	13,271

Reconciliation of weighted average shares outstanding for the basic and diluted earnings per share

The following is a reconciliation of the weighted average shares outstanding for the basic and diluted earnings per share computations (in thousands, except share and per share data):

	December 31,
	2013		2012
Income (loss) from continuing operations	$	569	$	(1,762	)
Basic:
Shares outstanding at beginning of year		15,210		15,051
Weighted shares issued during the year		30		64
Weighted average common shares, basic		15,240		15,115
Income (loss) from continuing operations per  common share, basic	$	0.04	$	(0.12	)
Diluted:
Weighted average common shares, basic		15,240		15,115
Weighted average shares issued during the year		1		-
Dilutive impact of stock options and restricted stock awards		32		-
Weighted average common shares, diluted		15,273		15,115
Income (loss) from continuing operations per  common share, diluted	$	0.04	$	(0.12	)