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Basic and Diluted Earnings Per Share
 3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Basic 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 using the treasury method. Diluted earnings per share reflect the potential effects of the exercise of outstanding stock options and vesting of restricted stock units. Basic and diluted shares outstanding are summarized as follows (in thousands):

 

     Three Months Ended
March 31,		  
     2015      2014  

Weighted average number of basic shares outstanding

      7,135         7,170   

Effect of dilutive securities

      0         0   
  

 

 

     

 

 

  

Weighted average number of diluted shares outstanding

   7,135      7,170   
  

 

 

     

 

 

  

As a result of the net loss reported for the three months ended March 31, 2015 and 2014, 194 and 298 potential common shares, respectively, have been excluded from the calculation of diluted loss per share because their effect would be anti-dilutive.