XML 39 R16.htm IDEA: XBRL DOCUMENT v2.4.0.6
Organization and Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2012
Organization and Summary of Significant Accounting Policies  
Schedule of assets and liabilities measured at fair value

 

 

 

 

 

June 30, 2012

 

December 31, 2011

 

Balance Sheet Classification 

 

 

Interest Rate
 Swaps

 

Non-qualified
Deferred
Compensation
Plan
Investments

 

Interest Rate
Swaps

 

Non-qualified
Deferred
Compensation
Plan
Investments

 

Interest rate swaps

Level 1

 

$

 

$

 

$

 

$

 

 

Level 2

 

(829,119

)

 

(843,635

)

 

 

Level 3

 

 

 

 

 

 

 

 

$

(829,119

)

$

 

$

(843,635

)

$

 

 

 

 

 

 

 

 

 

 

 

 

Other assets

Level 1

 

$

 

$

383,983

 

$

 

$

384,778

 

 

Level 2

 

 

 

 

 

 

Level 3

 

 

 

 

 

 

 

 

$

 

$

383,983

 

$

 

$

384,778

Schedule of earnings per common share

 

 

 

 

Quarter Ended

 

Six Months Ended

 

 

 

June 30,
2012

 

June 25,
2011

 

June 30,
2012

 

June 25,
2011

 

Basic Earnings Per Share:

 

 

 

 

 

 

 

 

 

Net income

 

$

1,623,325

 

$

859,884

 

$

3,344,918

 

$

2,266,066

 

Weighted average number of common shares

 

18,898,698

 

18,067,391

 

18,590,217

 

18,039,030

 

Earnings per common share

 

$

0.09

 

$

0.05

 

$

0.18

 

$

0.13

 

 

 

 

 

 

 

 

 

 

 

Diluted Earnings Per Share:

 

 

 

 

 

 

 

 

 

Net income

 

$

1,623,325

 

$

859,884

 

$

3,344,918

 

$

2,266,066

 

Weighted average number of common shares

 

18,898,698

 

18,067,391

 

18,590,217

 

18,039,030

 

Incremental shares from assumed conversions of stock options and non- vested shares of restricted stock

 

656,739

 

651,812

 

869,889

 

653,502

 

Adjusted weighted average number of common shares

 

19,555,437

 

18,719,203

 

19,460,106

 

18,692,532

 

Earnings per common share

 

$

0.08

 

$

0.05

 

$

0.17

 

$

0.12