XML 17 R14.htm IDEA: XBRL DOCUMENT v2.3.0.15
Earnings Per Common Share (EPS)
9 Months Ended
Sep. 30, 2011
Earnings Per Share [Abstract] 
Earnings Per Share [Text Block]
8.
Earnings Per Common Share (EPS)
 
The computations of basic and diluted EPS were as follows:
 
   
For the Three Months
   
For the Nine Months
 
   
Ended September 30,
   
Ended September 30,
 
   
2011
   
2010
   
2011
   
2010
 
                         
Basic EPS computation:
                       
Net income
  $ 217,939     $ 1,115,492     $ 115,010     $ 1,767,472  
                                 
Weighted average number of common shares
    62,930,873       63,375,698       62,882,100       61,375,456  
                                 
Basic EPS
  $ 0.003     $ 0.018     $ 0.002     $ 0.029  
                                 
Diluted EPS
                               
Net income
  $ 217,939     $ 1,115,492     $ 115,010     $ 1,767,472  
                                 
Weighted average number of common shares
    62,930,873       61,375,698       62,882,100       61,375,456  
                                 
Incremental shares from assumed conversions of stock options
    1,037,166       1,795,135       1,348,593       1,779,587  
                                 
Adjusted weighted average number of common shares
    63,968,039       63,170,833       64,230,693       63,155,043  
                                 
Diluted EPS
  $ 0.003     $ 0.018     $ 0.002     $ 0.028