XML 63 R22.htm IDEA: XBRL DOCUMENT v2.4.0.8
Note 13 - Earnings Per Share
 12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]

13.   EARNINGS (LOSS) PER SHARE


Basic earnings (loss) per common share was computed by dividing net income (loss) by the weighted average number of shares outstanding during the period. Diluted earnings (loss) per common share was calculated as follows:


   

For the Year Ended December 31,

 
   

2013

   

2012

   

2011

 
   

(in thousands, except per share data)

 
                         

Net income (loss)

   $ 5,915     $ 2,179     $ (2,857 )
                         

Basic weighted average common shares outstanding

    8,662       8,700       9,056  

Dilutive effect of common stock equivalents

    20       2       -  
                         

Diluted weighted average common shares outstanding

    8,682       8,702       9,056  
                         

Basic earnings (loss) per share

  $ 0.68     $ 0.25     $ (0.32 )
                         

Diluted earnings (loss) per share

  $ 0.68     $ 0.25     $ (0.32 )

Average options outstanding to purchase 14,915, 227,199 and 233,717 shares of common stock for December 31, 2013, 2012 and 2011, respectively, were not included in the computation of diluted earnings (loss) per share because to do so would have an anti-dilutive effect.