5. Earnings per share

6 Months Ended

Jun. 30, 2014

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

5. Earnings per share

The following table sets forth the reconciliation of basic weighted average shares outstanding and diluted weighted average shares outstanding:

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2014		2013		2014		2013
	(In thousands, except per share data)
Net income	$	175	$	1,215	$	569	$	2,375
Shares:
Basic:  Weighted average common shares outstanding		8,376		8,728		8,374		8,722
Add:  Dilutive effect of outstanding options as determined by the         treasury stock method		144		74		164		81
Diluted:  Weighted average common and common equivalent shares outstanding		8,520		8,802		8,538		8,803
Net income per common share:
Basic	$	0.02	$	0.14	$	0.07	$	0.27
Diluted	$	0.02	$	0.14	$	0.07	$	0.27

For the three months ended June 30, 2014 and 2013, there were 207,000 and 565,000, respectively, potentially dilutive shares consisting of stock options that were excluded from the calculation of earnings per diluted share.  For the six months ended June 30, 2014 and 2013, there were 207,000 and 636,000, respectively, potentially dilutive shares consisting of stock options that were excluded from the calculation of earnings per diluted share.