Income Per Share

3 Months Ended

Mar. 31, 2012

Income Per Share [Abstract]

Income Per Share

9.	Income Per Share
	The following table presents a reconciliation between basic and diluted earnings per share:

	Three months ended
	March 31, 2012		March 31, 2011
Numerator:
Net income (loss)	$	243	$	(290	)
Denominator:
Basic – weighted shares outstanding		5,654		5,559
Weighted shares assumed upon exercise of stock options		279		—
Diluted – weighted shares outstanding		5,933		5,559
Income (loss) per share:
Basic	$	0.04	$	(0.05	)
Diluted	$	0.04	$	(0.05	)

The dilutive impact summarized above relates to the periods when the average market price of Company stock exceeded the exercise price of the potentially dilutive option securities granted. Earnings per common share was based on the weighted average number of common shares outstanding during the periods when computing the basic earnings per share. When dilutive, stock options are included as equivalents using the treasury stock market method when computing the diluted earnings per share.

Excluded from the computation of diluted earnings per share for the three months ended March 31, 2012 were outstanding options to purchase approximately 329 common shares because the effect was anti-dilutive. Excluded from the computation of diluted earnings per share for the three months ended March 31, 2011 were all options outstanding of approximately 1,040 common shares, because the effect would have been anti-dilutive due to the Company's net loss in the period.