Earnings Per Share

9 Months Ended

Sep. 30, 2011

Note 6.

Earnings Per Share

The following table shows the weighted average number of shares used in computing earnings per share and the effect on weighted average number of shares of dilutive potential common stock.

	Three Months Ended September 30, 2011				Three Months Ended September 30, 2010
	Shares		Per Share Amount		Shares		Per Share Amount
Basic earnings per share		3,669,758	$	0.31		3,636,638	$	0.27
Effect of dilutive securities, stock-based awards		19,216				16,960
		3,688,974	$	0.31		3,653,598	$	0.27


	Nine Months Ended September 30, 2011				Nine Months Ended September 30, 2010
	Shares		Per Share Amount		Shares		Per Share Amount
Basic earnings per share		3,665,010	$	0.88		3,623,733	$	0.77
Effect of dilutive securities, stock-based awards		16,631				16,166
		3,681,641	$	0.87		3,639,899	$	0.77

There were no options with a strike price above the Company's common stock closing sales price of $11.38 and $13.00 on September 30, 2011 and 2010, respectively, which were excluded from the earnings per share calculation.