Earnings per Share

3 Months Ended

Mar. 31, 2013

Earnings Per Share [Abstract]

Earnings per Share

6. Earnings per Share

The following weighted average shares and share equivalents were used to calculate basic and diluted earnings per share for the three months ended March 31, 2013 and 2012:

	Three Months Ended March 31,
	2013		2012
Weighted average number of shares outstanding used to calculate basic EPS		4,979,000		5,044,000
Dilutive Securities:
Stock options and restricted share units		143,000		115,000
Weighted average number of shares and share equivalents outstanding used to calculate diluted EPS		5,122,000		5,159,000

Stock options issued under equity benefit plans to purchase 123,938 and 470,217 shares of common stock were outstanding during the quarters ended March 31, 2013 and 2012, respectively, but were not included in the computation of diluted earnings per share because the effect would have been anti-dilutive.