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PER SHARE DATA
 3 Months Ended
Mar. 31, 2012
Per Share Data  
Per Share Data
PER SHARE DATA
The computation for basic and diluted earnings per share is as follows:
Three months ended March 31, 2012 compared to three months ended March 31, 2011:
 
2012
 
2011
 
(in thousands, except per share information)
Basic earnings per share
 

 
 

Net income
$
9

 
$
2,167

Weighted average shares outstanding
6,941

 
6,885

Basic earnings per share
$
—

 
$
0.31

Diluted earnings per share
 

 
 

Net income
$
9

 
$
2,167

Weighted average shares outstanding
6,941

 
6,885

Add dilutive effect of assumed exercising of stock options
23

 
43

Diluted weighted average shares outstanding
6,964

 
6,928

Diluted earnings per share
$
—

 
$
0.31