Net Income (Loss) per Share

12 Months Ended

Dec. 31, 2011

Net Income (Loss) per Share [Abstract]

Net Income (Loss) per Share

13. Net Income (Loss) per Share

A reconciliation of the numerator and denominator of basic and diluted net income (loss) per share (“EPS”) is provided as follows (in thousands, except per share amounts):

	Year Ended December 31,
	2011			2010
Numerator
Income (loss) from continuing operations	$	(2,508	)	$	617
Income from discontinued operations		-			358
Net income (loss)	$	(2,508	)	$	975
Denominator
Weighted average shares used to compute basic EPS		17,287			17,179
Effect of dilutive securities:
Dilutive common stock equivalents		-			57
Weighted average shares used to compute diluted EPS		17,287			17,236
Net income per share - Basic
Income (loss) from continuing operations	$	(0.15	)	$	0.04
Income from discontinued operations, net of tax		-			0.02
Net income (loss) per share - Basic	$	(0.15	)	$	0.06
Net income per share - Diluted
Income (loss) from continuing operations	$	(0.15	)	$	0.04
Income from discontinued operations, net of tax		-			0.02
Net income (loss) per share - Diluted	$	(0.15	)	$	0.06

Options to purchase common stock are not included in the diluted loss per share calculations when their effect is antidilutive. For the year ended December 31, 2011, 2.7 million shares of potential common stock related to outstanding stock options were excluded from the calculation of diluted net loss per share as such shares are antidilutive when there is a loss.

For the year ended December 31, 2010, 2.7 million shares of potential common stock related to outstanding stock options were excluded from the calculation of diluted net income per share as their respective exercise prices were more than the average market value for the respective periods.