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Earnings per share (Tables)
9 Months Ended
Sep. 30, 2014
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,
 
     2014      2013      2014      2013  

Weighted average common shares-basic

     18,577,540         18,142,935         18,408,172         18,897,887   

Effect of dilutive securities:

           

Unexercised stock options net of treasury share repurchase

     195,846         —           156,284         —     
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted average common shares-diluted

  18,773,386      18,142,935      18,564,522      18,897,887