XML 30 R11.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Note 3 - Earnings Per Share | 12 Months Ended
--- | ---
Dec. 31, 2018
Notes to Financial Statements |
Earnings Per Share [Text Block] |
3. | EARNINGS PER SHARE
There are no convertible securities that would affect the numerator in calculating basic and diluted earnings per share; therefore, net income as presented on the Consolidated Statement of Income will be used as the numerator. The following table sets forth the composition of the weighted-average common shares (denominator) used in the basic and diluted earnings per share computation for the year ended December 31:
|  | 2018 |  |  | 2017 |
Weighted-average common shares issued |  |  | 3,616,119 |  |  |  | 3,415,115 |
Average treasury stock shares |  |  | (386,165 | ) |  |  | (386,165 | )
Weighted-average common shares and common stock equivalents used to calculate basic earnings per share |  |  | 3,229,954 |  |  |  | 3,028,950 |
Additional common stock equivalents (stock options and restricted stock) used to calculate diluted earnings per share |  |  | 13,953 |  |  |  | 23,635 |
Weighted-average common shares and common stock equivalents used to calculate diluted earnings per share |  |  | 3,243,907 |  |  |  | 3,052,585 |
Options to purchase 7,450 shares of common stock at $17.55 a share were outstanding during the year ended December 31, 2018. Also outstanding were 21,824 shares of restricted stock. None of the outstanding options or restricted stock were anti-dilutive. Options to purchase 19,750 shares of common stock at prices ranging from $17.55 to $23.00 were outstanding during the year ended December 31, 2017. Also outstanding were 14,601 shares of restricted stock. None of the outstanding options or restricted stock were anti-dilutive.

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration