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Summary of significant accounting policies (Tables)
9 Months Ended
Sep. 30, 2012
Accounting Policies [Abstract]  
Company's Revenues

The Company's revenues are derived from refrigerant and reclamation sales and RefrigerantSide® Services, including license and royalty revenues. The revenues for each of these lines are as follows:

 

Nine Month Period Ended September 30,
(in thousands, unaudited)
  2012     2011  
Refrigerant and reclamation sales   $ 48,639     $ 37,455  
RefrigerantSide® Services     2,939       3,010  
Total   $ 51,578     $ 40,465  
Reconciliation of shares used to determine net income per share
The reconciliation of shares used to determine net income per share is as follows (dollars in thousands, unaudited):

 

   

Three Month Period

Ended September 30,

   

Nine Month Period

Ended September 30,

 
    2012     2011     2012     2011  
                         
Net income (loss)   $ 2,194     ($ 113 )   $ 9,837     $ 1,756  
                                 
Weighted average number of shares – basic     23,928,081       23,780,606       23,834,685       23,780,606  
Shares underlying warrants     398,492             297,826       14,856  
Shares underlying options     2,240,101             2,108,762       1,126,373  
Weighted average number of shares outstanding – diluted     26,566,674       23,780,606       26,241,273       24,921,835