September 30,

(Dollars in thousands, except per share data)
Year Ended December 31,

2011

2010

2009

Weighted average shares:

Basic weighted average shares outstanding

8,553

8,522

Effect of dilutive securities outstanding

—

15

—

Diluted weighted average shares outstanding

8,553

8,537

8,522

Earnings (loss):

Continuing operations

$

(4,389

)

$

9,590

$

1,912

Discontinued operations

(235

)

(2,653

)

(4,648

)

Net income (loss)

$

(4,624

)

$

6,937

$

(2,736

)

Basic earnings (loss) per share of common stock:

Continuing operations

$

(0.51

)

$

1.13

$

0.22

Discontinued operations

(0.03

)

(0.32

)

(0.54

)

Net income (loss)

$

(0.54

)

$

0.81

$

(0.32

)

Diluted earnings (loss) per share of common stock:

Continuing operations

$

(0.51

)

$

1.12

$

0.22

Discontinued operations

(0.03

)

(0.31

)

(0.54

)

Net income (loss)

$

(0.54

)

$

0.81

$

(0.32

)