Weighted Average Shares Outstanding

6 Months Ended

Jun. 30, 2011

Weighted Average Shares Outstanding

Weighted Average Shares Outstanding

NOTE 5 – WEIGHTED AVERAGE SHARES OUTSTANDING

Due to the net loss reported for the quarter and six month period ending June 30, 2010, the Company has excluded the effects of potential common shares as these would have been anti-dilutive. Earnings per share have been computed based on the following weighted average number of common shares outstanding:

	For the Three Months Ended June 30,				For the Six  Months Ended June 30,
	2011		2010		2011		2010
	(share data in thousands)				(share data in thousands)
Basic shares outstanding		23,449		21,231		23,445		17,569
Plus: Dilutive effect of ISOs		34		—		34		—
Plus: Dilutive effect of Restricted Grants		25		—		12		—
Diluted shares outstanding		23,508		21,231		23,491		17,569