Numerator for net income (loss) per share – basic:

Net income (loss)

$

(3,283

)

$

(106

)

$

(61

)

$

5,681

Allocation of distributed and undistributed income to unvested restricted stock shareholders

(21

)

(84

)

(153

)

(86

)

Net income (loss) attributable to common shareholders

(3,304

)

(190

)

(214

)

5,595

Denominator for net income (loss) per share – basic:

Weighted average common shares outstanding – basic

22,009

22,658

21,905

22,814

Net income (loss) per share – basic

$

(0.15

)

$

(0.01

)

$

(0.01

)

$

0.25

Numerator for net income (loss) per share – diluted:

Net income (loss) attributable to common shareholders for basic computation

(3,304

)

(190

)

(214

)

5,595

Denominator for net income (loss) per share – diluted:

Weighted average common shares outstanding – basic

22,009

22,658

21,905

22,814

Weighted average effect of dilutive securities – stock options

-

6

Denominator for diluted earnings (loss) per share – adjusted weighted average shares

22,009

22,658

21,905

22,820

Net income (loss) per share – diluted

$

(0.15

)

$

(0.01

)

$

(0.01

)

$

0.25