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Earnings per share (Tables)
12 Months Ended
Dec. 31, 2012
Dilutive shares of consolidated condensed statements of operations

The following summarizes the shares included in the dilutive shares as disclosed in the statements of operations:

 

    Year ended December 31,  
    2012     2011     2010  

Weighted average number of shares for calculation of basic EPS — Common Stock

    28,352,864        22,605,518        21,716,775   

Stock options under Plans

    509,599        849,104        779,472   
 

 

 

   

 

 

   

 

 

 

Weighted average number of shares for calculation of diluted EPS — Common Stock

    28,862,463        23,454,622        22,496,247   
 

 

 

   

 

 

   

 

 

 
Common Stock issuable upon the exercise of certain stock options

The accompanying table represents Common Stock issuable upon the exercise of certain stock options and Series C Convertible Preferred Stock that have been excluded from the diluted earnings calculation because the effect of their inclusion would be anti-dilutive.

 

     Year ended December 31,  
     2012      2011      2010  

Stock options outstanding for the 1993, 1997, 2006 and 2011 Stock Options Plans

     149,000         84,000         155,826   

Series C Convertible Preferred Stock

     1,531,891         3,714,518         —     
  

 

 

    

 

 

    

 

 

 
     1,680,891         3,798,518         155,826