Basic earnings per share calculation:

Net income

$

74

$

4,394

$

2,066

$

6,578

Weighted average number of common shares outstanding

22,028,854

21,336,957

21,803,073

21,100,876

Basic net income per share

$

0.00

$

0.21

$

0.09

$

0.31

Diluted earnings per share calculation:

Net income

$

74

$

4,394

$

2,066

$

6,578

Weighted average number of common shares outstanding

22,028,854

21,336,957

21,803,073

21,100,876

Common stock equivalents:

Non-vested stock awards

71,582

237,054

100,741

350,197

Weighted average number of common shares outstanding

22,100,436

21,574,011

21,903,814

21,451,073

Diluted net income per share

$

0.00

$

0.20

$

0.09

$

0.31