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Earnings Per Share
 9 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Earnings Per Share
11)      Earnings Per Share

Basic net income per common share is calculated by dividing net income available to common stockholders by the basic weighted-average common shares outstanding for the relevant period.  The Company's earnings per share calculations reflect the impact of any repurchases of shares of common stock made by the Company.  Diluted net income per common share is calculated by dividing adjusted net income by the diluted weighted-average common shares outstanding, which includes the effect of potentially dilutive securities.  Potentially dilutive securities for this calculation consist of in-the-money outstanding stock options (which were assumed to have been exercised at the average market price of the common shares during the reporting period). The treasury stock method is used to measure the dilutive impact of in-the-money stock options.

The following table sets forth the calculations of basic and diluted earnings per share (in thousands except share amounts and per share data):

         
  
(In thousands except share amounts, and per share data)
 
  
Three months ended September 30,
  
Nine months ended September 30,
 
  
2014
  
2013
  
2014
  
2013
 
Net income (loss)
 
$
(63
)
 
$
(834
)
 
$
243
  
$
(6,159
)
                 
Basic weighted-average common shares outstanding
  
27,899,505
   
27,682,602
   
27,808,231
   
27,677,382
 
Add:  dilutive effect of stock options
  
--
   
--
   
392,157
   
--
 
Diluted weighted-average common shares outstanding
  
27,899,505
   
27,682,602
   
28,200,388
   
27,677,382
 
                 
Basic net income per share
 
$
(0.00
)
 
$
(0.03
)
 
$
0.01
  
$
(0.22
)
Diluted net income per share
 
$
(0.00
)
 
$
(0.03
)
 
$
0.01
  
$
(0.22
)

The following options, which could be potentially dilutive in future periods, were not included in the computation of diluted net income per share because the effect would have been anti-dilutive for the periods indicated:

         
  
Three months ended September 30,
 
Nine months ended September 30,
  
2014
 
2013
 
2014
 
2013
Weighted-average anti-dilutive stock options
 
 1,067,391
 
 2,492,195
 
 1,059,176
 
 2,656,188