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Net Income Per Share
9 Months Ended
Sep. 30, 2011
Net Income Per Share [Abstract] 
Net Income Per Share

Note 5. Net Income Per Share

 

                                 
     Three months ended
September 30,
    Nine months ended
September 30,
 

(In Thousands, Except Per Share Data)

  2011     2010     2011     2010  

Net income (loss)

  $ 4,702     $ (1,008   $ 16,034     $ 4,338  
   

 

 

   

 

 

   

 

 

   

 

 

 
         

Weighted average basic shares outstanding

    16,949       16,526       16,784       16,426  

Effect of dilutive stock options

    112       —         170       111  
   

 

 

   

 

 

   

 

 

   

 

 

 

Weighted average dilutive shares outstanding

    17,061       16,526       16,954       16,537  
   

 

 

   

 

 

   

 

 

   

 

 

 
         

Basic net income (loss) per share

  $ 0.28     $ (0.06   $ 0.96     $ 0.26  
   

 

 

   

 

 

   

 

 

   

 

 

 

Diluted net income (loss) per share

  $ 0.28     $ (0.06   $ 0.95     $ 0.26  
   

 

 

   

 

 

   

 

 

   

 

 

 

Excluded from the dilutive shares outstanding for the three and nine month periods ended September 30, 2011 were 929 and 210 anti-dilutive options which had exercise prices ranging from $9.36 to $14.13 and $12.99 to $14.13, respectively. Excluded from the dilutive shares outstanding for the three and nine month periods ended September 30, 2010 were 1,339 and 1,075 anti-dilutive options which had exercise prices ranging from $1.30 to $12.62 and $7.63 and $12.62, respectively.