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Basis of Presentation (Tables)
9 Months Ended
Sep. 30, 2012
Basis of Presentation [Abstract]  
Activity in the warranty accrual
The activity in the warranty accrual during the nine months ended September 30, 2012 and 2011 is summarized as follows:
 
   
September 30,
 
   
2012
  
2011
 
   
(unaudited)
  
(unaudited)
 
Accrual at beginning of year
 $1,661  $260 
Additions charged to warranty expense
  1,189   277 
Expiring warranties
  (307)  (-)
Claims satisfied
  (1,076)  (191)
Total
  1,467   346 
Less: current portion
  (1,229)  (346)
Accrued extended warranty
 $238  $- 
 
Calculation of basic and diluted earnings per common share using weighted average shares outstanding
Basic and diluted earnings per common share were calculated using the following weighted-average shares outstanding:
 
 
For the Three Months Ended September 30,
 
 
For the Nine Months Ended September 30,
 
 
2012
 
 
2011
 
 
2012
 
 
2011
 
Weighted-average number of common and common equivalent shares outstanding:
 
 
 
 
 
 
 
 
 
 
 
 
Basic number of common shares outstanding
 
 
21,205,675
 
 
 
12,342,160
 
 
 
20,001,456
 
 
 
10,951,630
 
Dilutive effect of stock options and warrants
 
 
547,170
 
 
 
841,095
 
 
 
547,170
 
 
 
718,925
 
Diluted number of common and common stock equivalent shares outstanding
 
 
21,752,845
 
 
 
13,183,255
 
 
 
20,548,626
 
 
 
11,670,555