EARNINGS PER SHARE

12 Months Ended

Dec. 31, 2012

EARNINGS PER SHARE

EARNINGS PER SHARE

13. EARNINGS PER SHARE

Options to purchase 5,000 shares of common stock were not included in the computation of diluted EPA for the period ended December 31, 2012 because their effect would have been anti-dilutive.

Options to purchase 33,875 shares of common stock were not included in the computation of diluted EPS for the period ended December 31, 2011 because their effect would have been anti-dilutive.

Average common and common equivalent shares used in the determination of earnings per share were:

	Year Ended December 31,
	2012					2011
	Net Income		Shares	Per Share		Net Loss		Shares	Per Share
	(Numerator)		(Denominator)	Amount		(Numerator)		(Denominator)	Amount
Basic EPS
Net earnings (loss) available to Common Stockholders	$	1,025,592	7,998,081	$	0.13	$	1,248,809	7,987,720	$	0.16
Effect of Dilutive
Options
Incremental Shares			358					428
Diluted EPS
Net earnings (loss) available to Common Stockholders	$	1,025,592	7,998,439	$	0.13	$	1,248,809	7,988,148	$	0.16