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Earnings Per Share
12 Months Ended
Dec. 31, 2012
Earnings Per Share [Abstract]  
Earnings Per Share
(23) Earnings Per Share

Basic earnings per share is computed by dividing net income (loss) available to common stockholders by the weighted average number of common shares outstanding during each period.  Diluted earnings per share reflects the potential dilution of restricted stock and common stock warrants.  Net income available to common stockholders represents net income (loss) after preferred stock dividends.  The following table presents earnings per share for the years ended December 31, 2012, 2011 and 2010:

 
2012
 
 
2011
 
 
2010
 
 
 
 
 
 
 
 
 
 
Numerator
 
 
 
 
 
 
 
 
 
  Net Income (Loss) Available to Common Stockholders
 
$
1,205,913
 
 
$
1,133,595
 
 
$
(925,784
)
 
 
 
 
 
 
 
 
 
 
 
 
Denominator
 
 
 
 
 
 
 
 
 
 
 
 
  Weighted Average Number of Common Shares Outstanding for Basic Earnings Per Common Share
 
 
8,439,258
 
 
 
8,439,258
 
 
 
8,149,217
 
  Dilutive Effect of Potential Common Stock
 
 
 
 
 
 
 
 
 
 
 
 
    Restricted Stock
 
 
-
 
 
 
-
 
 
 
-
 
    Stock Warrants
 
 
-
 
 
 
-
 
 
 
-
 
  Weighted-Average Number of Shares Outstanding for Diluted Earnings Per Common Share
 
 
8,439,258
 
 
 
8,439,258
 
 
 
8,149,217
 
 
 
 
 
 
 
 
 
 
 
 
 
Earnings (Loss) Per Share - Basic
 
$
0.14
 
 
$
0.13
 
 
$
(0.11
)
 
 
 
 
 
 
 
 
 
 
 
 
Earnings (Loss) Per Share - Diluted
 
$
0.14
 
 
$
0.13
 
 
$
(0.11
)
 
 
 
 
 
 
 
 
 
 
 
 

For the years ended December 31, 2012 and 2011, respectively, the Company has excluded 500,000 and 501,855 common stock equivalents with strike prices that would cause them to be antidilutive.  Additionally, due to the net loss reported for the year ended December 31, 2010, the Company has excluded 505,283 shares of common stock equivalents because these would also have been antidilutive.