Annual report pursuant to section 13 and 15(d)

NET INCOME PER COMMON SHARE (Tables)

v2.4.0.6
NET INCOME PER COMMON SHARE (Tables)
 12 Months Ended
Dec. 31, 2012
NET INCOME PER COMMON SHARE [Abstract]  
Net Income per Common Share
   
Year ended December 31,
  
   
2012
    
2011
    
2010
  
    (Restated - see Note 3)     (Restated - see Note 2)     (Restated - see Note 2)  
   
(thousands of dollars)
  
                   
Net income
   $ 10,321     $ 13,884     $ 2,075  
                         
Basic earnings per common share:
                        
    Weighted average shares outstanding
     24,081       23,993       23,769  
                         
    Per share amount (dollars)
   $ 0.43     $ 0.58     $ 0.09  
Diluted earnings per common share:
                        
    Weighted average shares outstanding
     24,745       24,267       23,780  
                         
    Per share amount (dollars)
   $ 0.42     $ 0.57     $ 0.09  

Weighted average shares-denominator basic computation
     24,081       23,993       23,769  
Effect of dilutive stock options
     664       274       11  
Weighted average shares, as adjusted denominator diluted computation
     24,745       24,267       23,780