The calculations of basic and diluted income per common share for the three and six month periods ended June 30, 2012 and 2011 are as follows:


	Three Months Ended June 30,				Six Months Ended June 30,
	2012		2011		2012		2011
	(in thousands, except per share amounts)
Net income – basic and diluted	$	559	$	2,063	$	1,903	$	1,114

Weighted-average shares outstanding – basic		12,469		12,070		12,450		12,068
Effect of dilutive securities:
Stock options		308		416		321		427

Weighted-average shares outstanding – diluted		12,777		12,486		12,771		12,495

Basic income per common share	$	0.04	$	0.17	$	0.15	$	0.09

Diluted income per common share	$	0.04	$	0.17	$	0.15	$	0.09