Year ended December 31,

2014

2013

2012

Numerator:

Net income (loss)

$

3,602

$

2,676

$

(8,042

)

Denominator:

Weighted average number of shares of common stock outstanding during the year used to compute basic net income (loss) per share (in thousands)

21,968

22,249

21,950

Incremental shares attributable to exercise of outstanding options, SARs and RSUs (assuming proceeds would be used to purchase treasury stock) (in thousands)

986

657

-

Weighted average number of shares of common stock used to compute diluted net income (loss) per share (in thousands)

22,954

22,906

21,950

Basic net income (loss) per share

$

0.16

$

0.12

$

(0.37

)

Diluted net income (loss) per share

$

0.16

$

0.12

$

(0.37

)