For the years ended December 31,

(in thousands, except per share data)

2014

2013

2012

Weighted average basic shares outstanding

11,120

11,065

10,989

Assumed exercise of stock options and issuance of stock awards

-

9

6

Weighted average diluted shares outstanding

11,120

11,074

10,995

Net income (loss)

$

(19,064

)

$

7,647

$

2,277

Basic earnings (loss) per share

$

(1.71

)

$

0.69

$

0.21

Diluted earnings (loss) per share

$

(1.71

)

$

0.69

$

0.21

Anti-dilutive securities outstanding

-

201

194