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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2012
Computation of Diluted Earning Per Common Share

The table which follows sets forth the manner in which diluted earnings (loss) per common share for the three and six month periods ended June 30, 2012 and 2011 were calculated.

 

     Three Months
Ended June 30,
     Six Months Ended
June 30,
 
     2012      2011      2012     2011  
     (In thousands)  

Numerator:

          

Net earnings (loss)

   $ 504       $ 980       $ (841   $ (59
  

 

 

    

 

 

    

 

 

   

 

 

 

Denominator:

          

Weighted average shares outstanding

     4,605         4,547         4,582        4,521   

Dilutive effect of stock options and non-vested restricted shares

     66         89         —          —     
  

 

 

    

 

 

    

 

 

   

 

 

 

Denominator for diluted net earnings (loss) per share

     4,671       4,636       4,582        4,521