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Note 10 - Basic and Diluted Earnings Per Common Share (Tables)

3 Months Ended

Mar. 31, 2016

Notes Tables

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

		Three months ended March 31,
		2016				2015
Numerator for basic and diluted earnings per common share:
Net income for the period		$	4,438,238			$	2,833,943
Denominator for basic and diluted earnings per scommon share:
Basic weighted average number of common shares outstanding			10,674,036				11,142,628
Effect of outstanding stock options			187,546				437,419
Diluted weighted average number of shares outstanding			10,861,582				11,580,047
Basic earnings per common share		$	0.42			$	0.25
Diluted earnings per common share		$	0.41			$	0.24

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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- References

No definition available.

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