XML 15 R8.htm IDEA: XBRL DOCUMENT v2.3.0.15
Basic And Diluted Earnings Per Share
9 Months Ended
Sep. 30, 2011
Basic And Diluted Earnings Per Share [Abstract] 
Basic And Diluted Earnings Per Share

Note 3 - Basic and Diluted Earnings Per Share

Basic earnings per share are computed based on the weighted average number of common shares outstanding during the period. Diluted earnings per share reflect the potential effects of the exercise of outstanding stock options. Basic and diluted shares outstanding are summarized as follows:

 

     Three Months Ended
September 30, 		     Nine Months Ended
September 30, 		 
     2011      2010      2011      2010  

Weighted average number of basic shares outstanding

      10,060,422         10,216,705         10,152,434         10,376,239   

Assumed exercise of stock options, net of shares assumed repurchased at average market price during the period using proceeds received upon exercise of options

      39,492         34,114         45,034         33,759   
  

 

 

     

 

 

     

 

 

     

 

 

  

Weighted average number of diluted shares outstanding

      10,099,914         10,250,819         10,197,468         10,409,998