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NET INCOME PER SHARE OF COMMON STOCK
 3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
NET INCOME PER SHARE OF COMMON STOCK
NOTE 6:   NET INCOME PER SHARE OF COMMON STOCK

Basic net income per share is computed based on the weighted average number of shares of common stock outstanding during each period. Diluted net income 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.”

 

     Three months ended
March 31,		  
     2014      2013  
     (unaudited)      (unaudited)  

Numerator:

      

Net income

    $ 1,985       $ 1,705   
  

 

 

     

 

 

  

Denominator (in thousands):

      

Weighted-average common stock outstanding

      21,159         22,197   

Effect of stock options and stock appreciation rights

      431         473   
  

 

 

     

 

 

  

Diluted weighted average common stock outstanding

      21,590         22,670   
  

 

 

     

 

 

  

Basic and diluted net income per share

    $ 0.09       $ 0.08   
  

 

 

     

 

 

  

The weighted average number of shares related to outstanding options and stock appreciation rights excluded from the calculation of diluted net income per share, since their effect was anti-dilutive, was 2,202,797 and 1,464,336 shares for the three months ended March 31, 2014 and 2013, respectively.