EARNINGS PER SHARE

6 Months Ended

Jun. 30, 2012

Earnings Per Share [Abstract]

EARNINGS PER SHARE

NOTE J – EARNINGS PER SHARE

Basic earnings per share represents net earnings divided by the weighted average shares outstanding. Diluted earnings per share represents net earnings divided by weighted average shares outstanding adjusted for the incremental dilution of outstanding stock options and awards.  A reconciliation of weighted average common shares outstanding to weighted average common shares outstanding assuming dilution for the periods presented follows (in thousands, except per share data):

	Three Months Ended June 30,				Six Months ended June 30,
	2012		2011		2012		2011
Net earnings	$	838	$	1,185	$	1,772	$	1,643
Weighted average common shares outstanding		33,655		33,418		33,594		33,378
Incremental common shares issuable under stock options and awards		549		335		505		329
Weighted average common shares outstanding assuming dilution		34,204		33,753		34,099		33,707
Earnings per share
Basic	$	0.02	$	0.04	$	0.05	$	0.05
Diluted	$	0.02	$	0.04	$	0.05	$	0.05

Potential common stock issuable upon the exercise of approximately 978,000 stock options and awards for both the three and six months ended June 30, 2012, respectively, were not included in the diluted earnings per share calculation because their effect is antidilutive.  For the three and six months ended June 30, 2011, potential common stock from approximately 1,400,000 and 1,079,000 stock options and awards, respectively were not included in the diluted earnings per share calculation because their effect is antidilutive.