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Basic and Diluted Earnings Per Share
 3 Months Ended
Mar. 31, 2014
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 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 (in thousands):

 

     Three Months Ended
March 31,		  
     2014      2013  

Weighted average number of basic common shares outstanding

      7,170         7,022   

Effect of dilutive securities

      0         0   
  

 

 

     

 

 

  

Weighted average number of diluted common shares outstanding

      7,170         7,022   
  

 

 

     

 

 

  
     7,170         7,022   
  

 

 

     

 

 

  

As a result of the net loss reported for the three months ended March 31, 2014 and 2013, 298 and 291 potential common shares, respectively, have been excluded from the calculation of diluted loss per common share because their effect would be anti-dilutive.