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Income (Loss) Per Share
 3 Months Ended
Mar. 31, 2013
Earnings Per Share [Abstract]  
Income (Loss) Per Share
Per Share

The computation of basic earnings per share of common stock is calculated by dividing net (loss) income by the weighted-average number of shares of the Company's common stock outstanding, as follows:
 
 
Three Months Ended
March 31,
(in thousands, except per share)
 
2013
 
2012
(Loss) income from continuing operations, net of tax
 
$
(1,443
)
 
$
4,720

Weighted-average number of common shares outstanding
 
13,171

 
12,692

(Loss) income from continuing operations, net of tax, per share
 
$
(0.11
)
 
$
0.37

Net income from discontinued operations
 
$
9,458

 
$
377

Weighted-average number of common shares outstanding
 
13,171

 
12,692

Discontinued operations, net of tax, per share
 
$
0.72

 
$
0.03

Net income
 
$
8,015

 
$
5,097

Weighted-average number of common shares outstanding
 
13,171

 
12,692

Net income per share
 
$
0.61

 
$
0.40



Diluted earnings per share gives effect to dilutive potential common shares outstanding during the reporting period. The Company had potentially dilutive common share equivalents, in the form of stock options, outstanding during the three months ended March 31, 2013 and 2012, although none were dilutive because the exercise price of these equivalents exceeded the market value of the Company's common stock during those periods. As of March 31, 2013, stock options for an aggregate of 44,700 shares are excluded from the calculations above.