For the years ended December 31,

(in thousands, except per share data)

2013

2012

2011

Weighted average basic shares outstanding

11,065

10,989

10,937

Assumed exercise of stock options and issuance of stock awards

9

6

14

Weighted average diluted shares outstanding

11,074

10,995

10,951

Net income

$

7,647

$

2,277

$

24,970

Basic earnings per share

$

0.69

$

0.21

$

2.28

Diluted earnings per share

$

0.69

$

0.21

$

2.28

Anti-dilutive securities outstanding

201

194

61