XML 30 R15.htm IDEA: XBRL DOCUMENT v3.19.1

Note 9 - Earnings Per Share

12 Months Ended

Dec. 31, 2018

Notes to Financial Statements

Earnings Per Share [Text Block]

Note

9

–

Earnings

per Share

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

		2018				2017
Weighted average common shares outstanding basic earnings per share			6,495,597				6,375,848
Effect of potential common share issuance:
Stock options			-				11,616
Weighted average common shares outstanding
Diluted earnings per share			6,495,597				6,387,464

At

December 31, 2018,

stock options to purchase

407,930

shares of common stock were outstanding and

257,930

were exercisable. Stock options to purchase

387,930

shares of common stock were outstanding and

207,930

were exercisable at

December 31, 2017.

At

December 31, 2017,

22,930

options to purchase shares were included in the diluted earnings per share calculation because their average market price was higher than the exercise price.

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