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Earnings per share (Tables)
9 Months Ended
Sep. 30, 2013
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Weighted Average Shares Used in Calculation of Basic and Diluted Earnings Per Share

The following is a reconciliation of the weighted average shares used in the basic and diluted net income (loss) per common share computations.

 

     Three Months Ended
September 30,
     Nine Months Ended
September 30,
 
     2013      2012      2013      2012  

Weighted average common shares-basic

     18,142,935         19,078,590         18,897,887         18,861,374   

Effect of dilutive securities:

           

Unexercised stock options net of treasury share repurchase

     —           454,431         —           438,889   
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted average common shares-diluted

     18,142,935         19,533,021         18,897,887         19,300,263