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NET INCOME (LOSS) PER SHARE OF COMMON STOCK
 9 Months Ended
Sep. 30, 2013
Earnings Per Share [Abstract]  
NET INCOME (LOSS) PER SHARE OF COMMON STOCK
NOTE  6:     NET INCOME (LOSS) PER SHARE OF COMMON STOCK

Basic net income (loss) per share is computed based on the weighted average number of shares of common stock outstanding during each period. Diluted net income (loss) per share is computed based on the weighted average number of shares of common stock outstanding during each period, plus dilutive potential shares of common stock considered outstanding during the period, in accordance with FASB ASC No. 260, “Earnings Per Share.”

 

     Nine months ended
September 30,		      Three months ended
September 30,		  
     2013      2012      2013     2012  
     (unaudited)      (unaudited)      (unaudited)     (unaudited)  

Numerator:

           

Net income (loss)

    $ 3,557       $ 10,930       $ (323 )    $ 2,594   
  

 

 

     

 

 

     

 

 

    

 

 

  

Denominator (in thousands):

           

Weighted-average common stock outstanding

      22,118         22,965         22,072        22,526   

Effect of stock options and stock appreciation rights

      483         600         —          493   
  

 

 

     

 

 

     

 

 

    

 

 

  

Diluted weighted average common stock outstanding

      22,601         23,565         22,072        23,019   
  

 

 

     

 

 

     

 

 

    

 

 

  

Basic net income (loss) per share

    $ 0.16       $ 0.48       $ (0.01 )    $ 0.12   
  

 

 

     

 

 

     

 

 

    

 

 

  

Diluted net income (loss) per share

    $ 0.16       $ 0.46       $ (0.01 )    $ 0.11   
  

 

 

     

 

 

     

 

 

    

 

 

  

The weighted average number of shares related to outstanding options and stock appreciation rights excluded from the calculation of diluted net income (loss) per share, since their effect was anti-dilutive, was 3,164,713 and 1,577,101 shares for the three and nine months ended September 30, 2013, respectively, and 1,270,801 and 927,913 shares for the corresponding periods of 2012.