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Note 10 - Shares Outstanding and Earnings Per Share
 3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]

10.           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,

 

(in thousands, except per share data)

 

2015

   

2014

 

Weighted average basic shares outstanding

    11,195       11,089  

Assumed exercise of stock options and issuance of stock awards

    -       1  

Weighted average diluted shares outstanding

    11,195       11,090  

Net income

  $ 1,069     $ 2,777  

Basic earnings per share

  $ 0.10     $ 0.25  

Diluted earnings per share

  $ 0.10     $ 0.25  

Anti-dilutive securities outstanding

    283       199