XML 26 R15.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 10 - Shares Outstanding and Earnings Per Share
 9 Months Ended
Sep. 30, 2017
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)
  
2017
    
2016
    
2017
    
2016
  
Weighted average basic shares outstanding
    
11,386
      
11,219
      
11,384
      
11,206
  
Assumed exercise of stock options and issuance of stock awards
    
-
      
-
      
-
      
-
  
Weighted average diluted shares outstanding
    
11,386
      
11,219
      
11,384
      
11,206
  
Net income
   $
2,280
     $
(1,757
 )   $
14,776
     $
1,026
  
Basic earnings per share
   $
0.20
     $
(0.16
 )   $
1.30
     $
0.09
  
Diluted earnings per share
   $
0.20
     $
(0.16
 )   $
1.30
     $
0.09
  
Anti-dilutive securities outstanding
    
65
      
167
      
65
      
167