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Earnings Per Common Share (EPS)
9 Months Ended
Sep. 30, 2013
Earnings Per Common Share (EPS) [Abstract]  
Earnings Per Common Share (EPS)
11. Earnings Per Common Share (EPS)

 

The computations of basic and diluted EPS were as follows for the periods presented below:

 

    THREE MONTHS ENDED     NINE MONTHS ENDED  
    SEPTEMBER 30,     SEPTEMBER 30,  
    2013     2012     2013     2012  
    (Unaudited)     (Unaudited)  
Basic EPS Computation:                                
Net income (loss)   $ 294,821     $ 243,708     $ 398,903     $ (951 )
Weighted average number of common shares     63,824,647       63,651,857       63,776,387       63,427,681  
Basic EPS   $ 0.005     $ 0.004     $ 0.006     $ (0.000 )
                                 
Basic EPS Computation:                                
Net income (loss)   $ 294,821     $ 243,708     $ 398,903     $ (951 )
                                 
Weighted average number of common shares     63,824,647       63,651,857       63,776,387       63,427,681  
Incremental shares from assumed conversions of stock options     189,712       169,034       326,695       -  
Adjusted weighted average number of common shares     64,014,359       63,820,891       64,103,082       63,427,681  
                                 
Diluted EPS   $ 0.005     $ 0.004     $ 0.006     $ (0.000 )