PER SHARE RESULTS

3 Months Ended

Mar. 31, 2014

Earnings Per Share [Abstract]

PER SHARE RESULTS

PER SHARE RESULTS

Basic and diluted net income per share are computed by dividing net income available to common stockholders by the weighted average number of common shares outstanding during each period. Diluted net income per share reflects the potential dilution that could occur if common stock options and warrants were exercised, resulting in the issuance of common stock that then shared in the net income of the Company.

Basic and diluted net income per share have been computed based upon net income available to common stockholders as presented in the accompanying consolidated statements of operations divided by the weighted average number of common shares outstanding or assumed to be outstanding as summarized below.

	Three Months Ended March 31,
	2014	2013
Weighted average number of common shares	52,075,323	35,758,033
Effect of dilutive stock options and warrants	285,365	—
Weighted average number of common shares and dilutive potential common shares	52,360,688	35,758,033
Anti-dilutive stock options	24,417	181,861
Anti-dilutive warrant	—	833,705