Weighted-average shares outstanding basic

11,136,207

11,818,651

11,256,893

11,930,140

Effect of potentially dilutive securities:

Stock options

5,260

13,722

6,449

3,364

Restricted stock units

89,250

51,750

89,250

51,750

Weighted-average shares outstanding diluted

11,230,717

11,884,123

11,352,592

11,985,254

Excluded from diluted weighted average shares outstanding:

Antidilutive

383,623

372,575

383,623

385,908