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Note 13 - Shares Outstanding and Earnings Per Share
 12 Months Ended
Dec. 31, 2016
Notes to Financial Statements  
Earnings Per Share [Text Block]
13.
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 years ended December 31,
 
(in thousands, except per share data)
 
2016
 
 
2015
 
 
2014
 
                         
Weighted average basic shares outstanding
    
11,210
     
11,192
     
11,120
 
Assumed exercise of stock options and issuance of stock awards
    
-
     
-
     
-
 
Weighted average diluted shares outstanding
    
11,210
     
11,192
     
11,120
 
Net income (loss)
   $
(1,078
 )   $
(26,777
 )   $
(19,064
 )
Basic earnings (loss) per share
   $
(0.10
 )   $
(2.39
 )   $
(1.71
 )
Diluted earnings (loss) per share
   $
(0.10
 )   $
(2.39
 )   $
(1.71
 )
Anti-dilutive securities outstanding
    
167
     
125
     
118