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Basic and Diluted Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2013
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
September 30
     Nine Months Ended
September 30
 
     2013      2012      2013      2012  

Weighted average number of basic common shares outstanding

     7,149,502         7,007,333         7,084,593         7,959,086   

Effect of dilutive securities

     275,026         176,180         285,926         109,601   
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted average number of diluted common shares outstanding

     7,424,528         7,183,513         7,370,519         8,068,687