XML 53 R15.htm IDEA: XBRL DOCUMENT v3.2.0.727
Note 10 - Shares Outstanding and Earnings Per Share
6 Months Ended
Jun. 30, 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

   

For the Six Months Ended

 
   

June 30,

   

June 30,

 

(in thousands, except per share data)

 

2015

   

2014

   

2015

   

2014

 

Weighted average basic shares outstanding

    11,201       11,089       11,198       11,089  

Assumed exercise of stock options and issuance of stock awards

    -       -       -       1  

Weighted average diluted shares outstanding

    11,201       11,089       11,198       11,090  

Net income (loss)

  $ (22,260 )   $ 3,494     $ (21,191 )   $ 6,271  

Basic earnings (loss) per share

  $ (1.99 )   $ 0.32     $ (1.89 )   $ 0.57  

Diluted earnings (loss) per share

  $ (1.99 )   $ 0.32     $ (1.89 )   $ 0.57  

Anti-dilutive securities outstanding

    -       200       -       200