Earnings Per Share

3 Months Ended

Mar. 31, 2013

Earnings Per Share

Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share, for the periods indicated:

(In thousands, except per share amounts)	Three Months Ended
	March 31, 2013		March 31, 2012
Numerator:
Income (loss) from continuing operations	6,976		(1,586		)
Denominator:
Denominator for basic earnings per share -
Weighted-average shares	17,072		16,233
Effect of dilutive stock options	601		—
Denominator for diluted earnings per share - Adjusted
weighted-average shares and assumed conversions	17,673		16,233
Basic income (loss) from continuing operations per share:	$	0.41	$	(0.10	)
Diluted income (loss) from continuing operations per share:	0.39		(0.10		)

Certain potential ordinary dilutive shares were excluded from the calculation of diluted weighted-average shares outstanding because they would have an anti-dilutive effect on net income per share (see table below).

	Three Months Ended
	March 31, 2013	March 31, 2012
Anti-dilutive shares excluded	473,442	1,119,735
Dilutive shares excluded due to net loss	—	588,513