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Average Share Information
3 Months Ended
Mar. 31, 2013
Average Share Information

15. Average Share Information

The following table summarizes the reconciliation of denominators of the basic and diluted net income (loss) per common share computations for the periods indicated.

 

     For the three months ended March 31,  
     2013      2012  

Weighted average common shares outstanding—basic

     12,650,766         12,637,819   

Dilutive impact resulting from potential common share issuances

     42,801         —     
  

 

 

    

 

 

 

Weighted average common shares outstanding—diluted

     12,693,567         12,637,819   
  

 

 

    

 

 

 

Per share data

     

Net income (loss)—basic

   $ 0.17       $ (0.05

Net income (loss)—diluted

     0.17         (0.05

For the three months ended March 31, 2013, potential common share issuances related to stock options were excluded from the computation of diluted net income per share as inclusion would be anti-dilutive.

No potential common shares were included in the computation of diluted net loss per share for the three months March 31, 2012 as inclusion would be anti-dilutive given the Company’s net loss during the period.