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Note 13 - Shares Outstanding and Earnings Per Share
 12 Months Ended
Dec. 31, 2017
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
)
  
201
7
    
201
6
    
201
5
  
                         
Weighted average basic shares outstandin
g
    
11,381
      
11,210
      
11,192
  
Assumed exercise of stock options and issuance of stock award
s
    
-
      
-
      
-
  
Weighted average diluted shares outstandin
g
    
11,381
      
11,210
      
11,192
  
Net income (loss
)
   $
18,963
     $
(1,078
 )   $
(26,777
 )
Basic earnings (loss) per shar
e
   $
1.67
     $
(0.10
 )   $
(2.39
 )
Diluted earnings (loss) per shar
e
   $
1.67
     $
(0.10
 )   $
(2.39
 )
Anti-dilutive securities outstandin
g
    
65
      
167
      
125