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WEIGHTED AVERAGE COMMON SHARES (Tables)
6 Months Ended
Jun. 30, 2012
WEIGHTED AVERAGE COMMON SHARES [Abstract]  
Compute basic and diluted (loss) income per share

The weighted average number of common shares used to compute basic and diluted (loss) income per share for the three and six months ended June 30, 2012 and 2011 was as follows:

 
Three Months Ended
 
 
Six Months Ended
 
 
June 30,
 
 
June 30,
 
 
2012
 
 
2011
 
 
2012
 
 
2011
 
Basic shares outstanding
 
 
22,183,043
 
 
 
21,989,756
 
 
 
22,160,053
 
 
 
21,966,466
 
Dilutive effect of stock options
 
 
-
 
 
 
571,582
 
 
 
-
 
 
 
523,226
 
Diluted shares outstanding
 
 
22,183,043
 
 
 
22,561,338
 
 
 
22,160,053
 
 
 
22,489,692