Basic and Diluted Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2014

Basic and Diluted Earnings Per Share [Abstract]

Schedule of Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share data):

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2014		2013		2014		2013
Numerator:
Net earnings	$	302	$	1,262	$	892	$	2,175
Denominator:
Weighted average basic shares outstanding		7,172		5,907		7,172		5,907
Effect of dilutive securities - equity based compensation plans		54		17		60		15
Net dilutive effect of warrants outstanding		11		-		12		-
Denominator for diluted earnings per common share		7,237		5,924		7,244		5,922
Net earnings per common share:
Basic	$	0.04	$	0.21	$	0.12	$	0.37
Diluted	$	0.04	$	0.21	$	0.12	$	0.37
Anti-dilutive securities (excluded from per share calculation):
Equity based compensation plans		223		118		223		118
Warrants		630		640		630		640