XML 65 R15.htm IDEA: XBRL DOCUMENT v2.4.1.9
Note 9 - Earnings Per Share
 12 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]

Note 9 – Earnings per Share


The calculation of basic and diluted weighted average common shares outstanding is as follows:


   

2014

   

2013

 

Weighted average common shares outstanding basic earnings per share

    6,129,831       6,071,375  
                 

Effect of potential common share issuance:

               

Stock options

    ---       ---  
                 

Weighted average common shares outstanding

               

Diluted earnings per share

    6,129,831       6,071,375  

Stock options to purchase 259,730 shares of common stock were outstanding and 147,230 were exercisable at December 31, 2014. At December 31, 2014 and 2013 none of the outstanding options were included in the earnings per share calculation as their effect would have been anti-dilutive.