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Earnings per share (Tables)
6 Months Ended
Jun. 30, 2014
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Weighted Average Shares Used in Calculation of Basic and Diluted Earnings Per Share

The following is a reconciliation of the weighted average shares used in the basic and diluted net income (loss) per common share computations.

 

     Three Months Ended
June 30,
     Six Months Ended
June 30,
 
     2014      2013      2014      2013  

Weighted average common shares-basic

     18,445,348         19,140,520         18,322,185         19,285,004   

Effect of dilutive securities:

           

Unexercised stock options net of treasury share repurchase

     175,844         129,524         112,943         198,711   
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted average common shares-diluted

  18,621,192      19,270,044      18,435,128      19,483,715