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Net (Loss) Income per Common Share

6 Months Ended

Jun. 30, 2011

Net (Loss) Income per Common Share [Abstract]

Net (Loss) Income per Common Share

8. Net (Loss) Income per Common Share

The following table provides a reconciliation of the numerator and the denominator of the basic EPS computation with the numerator and the denominator of the diluted EPS computation:

		Quarter Ended June 30,								Six Months Ended June 30,
(In thousands except earnings per share data)		2011 (Restated)				2010				2011 (Restated)				2010
Net (loss) income available to common shareholders		$	(6,349	)		$	515			$	(5,993	)		$	957
Weighted average shares issued			13,265				13,265				13,265				13,265
Add: dilutive effect of stock options			0				0				0				0
Weighted average shares outstanding adjusted for potential dilution			13,265				13,265				13,265				13,265
Basic earnings per share		$	(0.48	)		$	0.04			$	(0.45	)		$	0.08
Diluted earnings per share		$	(0.48	)		$	0.04			$	(0.45	)		$	0.08
Anti-dilutive shares excluded from earnings per share calculation			215				215				215				209

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The entire disclosure for earnings per share.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 45

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6920599&loc=d3e1252-109256



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

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-Section 55

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-URI http://asc.fasb.org/extlink&oid=6945512&loc=d3e4984-109258



Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 128

-Paragraph 40

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 45

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-URI http://asc.fasb.org/extlink&oid=6920599&loc=d3e1278-109256



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-Publisher FASB

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Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

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