Earnings Per Share

6 Months Ended

Jun. 30, 2012

Earnings Per Share [Abstract]

Earnings Per Share

4. Earnings Per Share

The Company calculates its earnings per share in accordance with ASC 260-10, “Earnings Per Share.” There were 50,611,879 weighted average shares outstanding for the three and six months ended June 30, 2012 and 2011, respectively. In addition, there were 55,000 weighted average shares related to stock options exercisable for the three months ended June 30, 2012 and 2011, respectively, and there were 55,000 and 57,459 weighted average shares related to stock options exercisable for the six months ended June 30, 2012 and 2011, respectively, that were not included in the computation of diluted earnings per share because to do so would have been antidilutive as the Company has a net loss for each period presented.