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Net Income per Common Share
12 Months Ended
Dec. 31, 2012
Net Income per Common Share  
Net Income per Common Share

(12) Net Income per Common Share

        The following table presents a reconciliation of the denominators used in the computation of net income per common share—basic and net income per common share—diluted for the years ended December 31, 2012, 2011 and 2010:

 
  Years Ended December 31,  
 
  2012   2011   2010  

Weighted shares of common stock outstanding—basic

    5,477,131     5,342,900     5,208,873  

Dilutive impact of share-based awards

    194,281     229,746     155,380  
               

Weighted shares of common stock outstanding—diluted

    5,671,412     5,572,646     5,364,253  
               

        Outstanding stock options totaling 125,400 for the year ended December 31, 2012 and 251,687 options at December 31, 2010 were excluded from the net income per share calculation because the shares would be anti-dilutive. At December 31, 2011, there were no outstanding stock options that were deemed to be anti-dilutive because the market value of the Company's common stock was equal to, or greater than, the exercise price of the currently outstanding options.