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Earnings (Loss) Per Common Share
12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Earnings (Loss) Per Common Share
9. Earnings (Loss) Per Common Share

Earnings (loss) per common share for all periods have been calculated in conformity with ASC 260, “Earnings Per Share.” This data is based on historical net income (loss) and the weighted average number of shares of our common stock outstanding during each period as set forth in the following table:

 

     Year Ended December 31,  
     2013      2012      2011  
     (In thousands)  

Shares:

        

Weighted average number of shares of common stock outstanding

     23,412         23,880         27,429   

Shares assumed issued (less shares assumed purchased for treasury) for stock-based compensation

     Not Applicable         119         226   
  

 

 

    

 

 

    

 

 

 

Outstanding shares for diluted earnings (loss) per share calculation

     23,412         23,999         27,655