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Note 11 - Shares Outstanding and Earnings Per Share
3 Months Ended
Mar. 31, 2013
Earnings Per Share [Text Block]
11.         Shares Outstanding and Earnings Per Share:

Earnings per share have been calculated based on the weighted average number of shares outstanding as set forth below:

   
For the Three Months Ended
March 31,
 
   
2013
   
2012
 
(in thousands, except per share data)
           
Weighted average basic shares outstanding
    11,034       10,988  
Assumed exercise of stock options and issuance of stock awards
    8       9  
Weighted average diluted shares outstanding
    11,042       10,997  
Net income
  $ 5,163     $ 6,230  
Basic earnings per share
  $ 0.47     $ 0.57  
Diluted earnings per share
  $ 0.47     $ 0.57  
Anti-dilutive securities outstanding
    201       225