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Basic and Diluted Earnings Per Share
 6 Months Ended
Jun. 30, 2013
Basis and Diluted Earnings Per Share [Abstract]  
Basis and Diluted Earnings Per Share

Note 4 - 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 common share reflect the potential effects of the exercise of outstanding stock options and vesting of restricted stock units. Basic and diluted common shares outstanding are summarized as follows:

 

                                 
    Three Months Ended
June 30,		     Six Months Ended
June 30,		  
    2013     2012     2013     2012  

Weighted average number of basic common shares outstanding

     7,082,007       6,995,066       7,052,139       8,434,962  

Effect of dilutive securities

     291,695       83,010       291,376       76,313  
   

 

 

    

 

 

    

 

 

    

 

 

  

Weighted average number of diluted common shares outstanding

     7,373,702       7,078,076       7,343,515       8,511,275