Earnings per Share

6 Months Ended

Jun. 30, 2014

Earnings Per Share [Abstract]

Earnings per Share

7. Earnings per Share

The following weighted average shares and share equivalents were used to calculate basic and diluted earnings per share for the three and six months ended June 30, 2014 and 2013:

	Three Months Ended June 30,				Six Months Ended June 30,
	2014		2013		2014		2013
Weighted average number of shares outstanding used to calculate basic EPS		4,349,000		4,889,000		4,408,000		4,934,000
Dilutive Securities:
Stock options and restricted share units		146,000		124,000		149,000		133,000
Weighted average number of shares and share equivalents outstanding used to calculate diluted EPS		4,495,000		5,013,000		4,557,000		5,067,000

Options issued under equity incentive plans to purchase 752,924 shares of common stock were outstanding during both the three and six month periods ended June 30, 2014, and 136,962 shares of common stock were outstanding during both the three and six month periods ended June 30, 2013, respectively, but were not included in the computation of diluted earnings per share because the effect would have been anti-dilutive in the respective periods.