Note 10 - Earnings Per Share	9 Months Ended
Sep. 30, 2017
Notes to Financial Statements
Earnings Per Share [Text Block]	NOTE 1 0 : EARNINGS PER SHARE B asic earnings per share are computed by dividing net earnings available to common shareholders (the numerator) by the weighted average number of common shares (the denominator) for the period presented. The computation of diluted earnings per share is similar to basic earnings per share, except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potentially dilutive common shares had been issued. Stock options to purchase 381,930 shares of common stock were outstanding and 196,930 were exercisable during the three and nine months ended September 30, 2017. Stock options to purchase 159,730 shares were outstanding and 79,730 were exercisable during the three and nine months ended September 30, 2016. For the three and nine months ended September 30, 2017, options to purchase 34,410 and 33,748 shares were included in the diluted earnings per share calculation respectively. The balance of stock options outstanding at September 30, 2017 were not included as their effect would have been anti-dilutive. For the three and nine months ended September 30, 2016, none of the outstanding options were included in the earnings per share calculation as their effect would have been antidilutive. The potentially dilutive common shares from warrants and options are calculated in accordance with the treasury stock method, which assumes that proceeds from the exercise of all warrants and options are used to repurchase common stock at market value. The amount of shares remaining after the proceeds are exhausted represents the potential dilutive effect of the securities.

NOTE

EARNINGS PER SHARE

asic earnings per share are computed by dividing net earnings available to common shareholders (the numerator) by the weighted average number of common shares (the denominator) for the period presented. The computation of diluted earnings per share is similar

to basic earnings per share, except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potentially dilutive common shares had been issued.

Stock options to purchase

381,930

shares of common stock were outstanding and

196,930

were exercisable during the

three

and

nine

months ended

September 30, 2017.

Stock options to purchase

159,730

shares were outstanding and

79,730

were exercisable during the

three

and

nine

months ended

September 30, 2016.

For the

three

and

nine

months ended

September 30, 2017,

options to purchase

34,410

and

33,748

shares were included in the diluted earnings per share calculation respectively. The balance of stock options outstanding at

September 30, 2017

were

not

included as their effect would have been anti-dilutive. For the

three

and

nine

months ended

September 30, 2016,

none

of the outstanding options were included in the earnings per share calculation as their effect would have been antidilutive.

The potentially dilutive common shares from warrants and options are calculated in accordance with the treasury stock method, which assumes that proceeds from the exercise of all warrants and options are used to repurchase common stock at market value. The amount of shares remaining after the proceeds are exhausted represents the potential dilutive effect of the securities.