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Earnings Per Common Share (EPS)
3 Months Ended
Mar. 31, 2013
Earnings Per Share, Basic and Diluted [Abstract]  
Earnings Per Common Share (EPS)
Earnings Per Common Share (EPS). The computation of weighted average shares outstanding and the basic and diluted earnings per common share for the following periods consisted of the following (in thousands, except per share amounts):

 
Three Months
 
Net
Income
 
Shares
 
Per Share
Amount
Period ended March 31, 2013
 

 
 

 
 

Basic EPS
$
671

 
42,520

 
$
0.02

Effect of dilutive stock options and warrants
 

 
315

 
 

 
 
 
 
 
 
Diluted EPS
$
671

 
42,835

 
$
0.02

 
 
 
 
 
 
Stock options excluded from the calculation of common stock equivalents as the impact was anti-dilutive
 
 
1,696

 
 
 
 
 
 
 
 
Period ended March 31, 2012
 

 
 

 
 

Basic EPS
$
5,748

 
41,999

 
$
0.14

Effect of dilutive stock options and warrants
 

 
437

 
 

 
 
 
 
 
 
Diluted EPS
$
5,748

 
42,436

 
$
0.14

 
 
 
 
 
 
Stock options excluded from the calculation of common stock equivalents as the impact was anti-dilutive
 
 
1,623