Note 3 - Earnings Per Share

3 Months Ended

Jun. 30, 2011

Earnings Per Share [Text Block]

3.           Earnings Per Share

The following table sets forth the computations of basic and diluted earnings per share (in thousands, except per share data):

	Three Months Ended June 30,				Six Months Ended June 30,
	2011		2010		2011		2010
Numerator:
Net income	$	509	$	612	$	762	$	648
Denominator:
Shares used in basic net income per share calculation		20,012		19,139		19,826		19,139
Effect of diluted securities:
Employee stock options		1,644		1,272		1,561		1,220
Shares used in diluted net income per share calculation		21,656		20,411		21,387		20,359
Basic net income per common share	$	0.03	$	0.03	$	0.04	$	0.03
Diluted net incomeper common share	$	0.02	$	0.03	$	0.04	$	0.03