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Earnings per Share
6 Months Ended
Jun. 30, 2014
Earnings per Share [Abstract]  
Earnings per Share

14. Earnings per Share

 

The following table sets forth basic and diluted weighted average shares outstanding for the periods indicated (in thousands):

 

 

 

Three Months Ended

 

Six Months Ended

 

June 30,

 

June 30,

 

2014

2013

 

2014

2013

 

 

 

 

 

 

Weighted average shares - basic

      19,236

      19,263

 

   19,250

   19,263

Effect of dilutive securities

         134

            -  

 

        118

         -  

Weighted average shares - assuming dilution

      19,370

      19,263

 

   19,368

   19,263

 

For the three months and six months ended June 30, 2014, 715,832 shares and 740,832 shares, respectively, of common stock potentially issuable upon the exercise of employee stock options were excluded from the weighted average number of shares outstanding on a diluted basis because the effect of such options would be anti-dilutive.  For the three and six months ended June 30, 2013, 779,999 shares of common stock potentially issuable upon the exercise of employee stock options were excluded from the weighted average number of shares outstanding on a diluted basis because the effect of such options would be anti-dilutive.