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Net Income per Common Share
12 Months Ended
Dec. 31, 2012
Net Income per Common Share [Abstract]  
Net Income per Common Share

D. Net Income per Common Share

Net income per common share for the twelve months ended December 31, 2012, 2011 and 2010 are as follows:

 

                         
    Year Ended December 31,  
    2012     2011     2010  

Net income

  $ 9,351     $ 8,991     $ 5,296  
   

 

 

   

 

 

   

 

 

 

Weighted-average shares outstanding used in computation of net income per share—basic

    14,321,815       14,247,413       14,240,308  

Dilutive effect of options, warrants and restricted stock

    367,716       278,153       225,958  
   

 

 

   

 

 

   

 

 

 

Shares used in computation of net income per common share—assuming dilution

    14,689,531       14,525,566       14,466,266  
   

 

 

   

 

 

   

 

 

 

Net income per common share—basic

  $ 0.65     $ 0.63     $ 0.37  
   

 

 

   

 

 

   

 

 

 

Net income per common share—diluted

  $ 0.64     $ 0.62     $ 0.37  
   

 

 

   

 

 

   

 

 

 

We excluded 0, 409,305, and 499,305 options from the computation of diluted net income per share for the twelve month periods ended December 31, 2012, 2011 and 2010, respectively, because their effect would have been antidilutive.