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Note 10 - Shares Outstanding and Earnings Per Share
 9 Months Ended
Sep. 30, 2016
Notes to Financial Statements  
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 Nine Months Ended
 
 
 
September 30,
 
 
September 30,
 
(in thousands, except per share data)
 
2016
 
 
2015
 
 
2016
 
 
2015
 
Weighted average basic shares outstanding
     11,219       11,203       11,206       11,200  
Assumed exercise of stock options and issuance of stock awards
     -       -       -       -  
Weighted average diluted shares outstanding
     11,219       11,203       11,206       11,200  
Net income (loss)
   $ (1,757 )   $ (598 )   $ 1,026     $ (21,789 )
Basic earnings (loss) per share
   $ (0.16 )   $ (0.05 )   $ 0.09     $ (1.95 )
Diluted earnings (loss) per share
   $ (0.16 )   $ (0.05 )   $ 0.09     $ (1.95 )
Anti-dilutive securities outstanding
     167       124       167       124