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Basic and Diluted Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2013
Basis and Diluted Earnings Per Share [Abstract]  
Summary of basic and diluted common shares outstanding

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