Net Income (Loss) Per Common Share And Comprehensive Income

9 Months Ended

Sep. 30, 2011

Net Income (Loss) Per Common Share And Comprehensive Income [Abstract]

Net Income (Loss) Per Common Share And Comprehensive Income

Note F: Net Income (Loss) Per Common Share and Comprehensive Income

The following table sets forth the computations of basic and diluted net income per common share for the three-month and nine-month periods ended September 30, 2011 and 2010 (in thousands, except per share data):

	Three-Month Periods Ended September 30,					Nine-Month Periods Ended September 30,
	2011			2010		2011			2010
Numerator:
Net income (loss)	$	(8,730	)	$	1,127	$	(9,328	)	$	1,896
Denominator:
Shares used in basic net income per common share calculation (2011 is net of 57 contingent shares in escrow)		4,836			4,805		4,826			4,471
Effect of diluted securities:
Contingent shares in escrow					56					38
Employee and director stock options		--			50		--			75
Shares used in diluted net income (loss) per common share calculations		4,836			4,911		4,826			4,584
Basic net income (loss) per common share	$	(1.81	)	$	0.23	$	(1.93	)	$	0.42
Diluted net income (loss) per common share	$	(1.81	)	$	0.23	$	(1.93	)	$	0.41

Our comprehensive income (loss) for the three-month periods ended September 30, 2011 and 2010 was ($9.3) million and $1.3 million, respectively, and for the nine-month periods ended September 30, 2011 and 2010 was ($9.4) million and $1.8 million, respectively. In each period, the main difference between net income (loss) and comprehensive income (loss) arose from foreign currency translation adjustments.