INCOME PER SHARE

6 Months Ended

Jun. 30, 2013

NOTE J—INCOME PER SHARE

The following table details the computation of basic and diluted earnings per common share from continuing operations for the periods presented:


	Three months ended				Six months ended
	June 30,		July 1,		June 30,		July 1,
	2013		2012		2013		2012
Net income	$	391	$	754	$	268	$	1,569
Weighted-average common shares outstanding (basic)		11,684,800		11,785,826		11,684,395		11,785,826
Effect of dilutive securities from equity awards		90,265		391,197		90,670		381,197

Weighted-average common shares outstanding (diluted)		11,775,065		12,177,023		11,775,065		12,167,023
Basic earnings per common share	$	0.03	$	0.06	$	0.02	$	0.13

Diluted earnings per common share	$	0.03	$	0.06	$	0.02	$	0.13

The weighted-average common shares outstanding (diluted) computation is not impacted during any period where the exercise price of a stock option is greater than the average market price. As of June 30, 2013, there were no warrants and 1,000 stock options outstanding that were anti-dilutive. As of July 1, 2012, there were 308,197 warrants and 1,000 stock options outstanding that were anti-dilutive.

- Definition

The entire disclosure for earnings per share.

+ References+ Details

MISCOR GROUP, LTD. 10-Q