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EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2013
EARNINGS PER SHARE  
Schedule of computation of basic and diluted earnings per share

 

Three Months Ended March 31,

 

 

 

2013

 

2012

 

 

 

Basic

 

Diluted

 

Basic

 

Diluted

 

 

 

(In thousands, except per share data)

 

Numerator:

 

 

 

 

 

 

 

 

 

Loss from continuing operations

 

$

(273

)

$

(273

)

$

(3,269

)

$

(3,269

)

(Loss) income from discontinued operations, net of tax

 

(2,444

)

(2,444

)

17,418

 

17,418

 

Net (loss) income

 

$

(2,717

)

$

(2,717

)

$

14,149

 

$

14,149

 

Denominator:

 

 

 

 

 

 

 

 

 

Weighted average common shares

 

10,967

 

10,967

 

10,555

 

10,555

 

Income (loss) per Share:

 

 

 

 

 

 

 

 

 

Loss from continuing operations

 

$

(0.02

)

$

(0.02

)

$

(0.31

)

$

(0.31

)

Income (loss) from discontinued operations, net of tax

 

(0.22

)

(0.22

)

1.65

 

1.65

 

Net income (loss) per common share

 

$

(0.25

)

$

(0.25

)

$

1.34

 

$

1.34