NET INCOME PER SHARE

3 Months Ended

Mar. 31, 2012

Earnings Per Share [Abstract]

NET INCOME PER SHARE

NOTE 2 – NET INCOME PER SHARE

Basic net income per share is calculated by dividing net income by the weighted average shares outstanding for the period. Diluted net income per share is calculated by dividing net income by the weighted average number of common shares outstanding plus the weighted average number of net shares that would be issued upon exercise of stock options pursuant to the treasury stock method. Options in the amount of 58,292 and 58,658 shares for the three months ended March 31, 2012 and 2011, respectively, are included in the diluted weighted average shares outstanding. As of March 31, 2012 and 2011, options to purchase 522,000 and 518,000 shares, respectively, were antidilutive.