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EARNINGS/(LOSS) PER COMMON SHARE
 12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
NOTE 15.  EARNINGS/(LOSS) PER COMMON SHARE
 
Basic earnings/(loss) per common share is calculated by dividing net income/(loss) available to (allocable to) common stockholders by the weighted average number of common shares outstanding during the period.  Diluted earnings/(loss) per common share is calculated by dividing net income/(loss) available to (allocable to) common stockholders by the weighted average number of common shares outstanding during the period, adjusted for the dilutive effect of common stock equivalents (stock-based awards and the warrant).  There is no dilutive effect on the loss per share during loss periods.  The following table provides information relating to the calculation of earnings/(loss) per common share.
 
(In thousands, except per share data)
 
2013
 
2012
 
2011
 
 
 
 
 
 
 
 
 
 
 
 
Net loss
 
$
(9,634)
 
$
(9,638)
 
$
(897)
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average shares outstanding – basic
 
 
8,461
 
 
8,457
 
 
8,451
 
 
 
 
 
 
 
 
 
 
 
 
Dilutive effect of common stock equivalents
 
 
-
 
 
-
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average shares outstanding – diluted
 
 
8,461
 
 
8,457
 
 
8,451
 
 
 
 
 
 
 
 
 
 
 
 
Loss per common share – basic
 
$
(1.14)
 
$
(1.14)
 
$
(0.11)
 
 
 
 
 
 
 
 
 
 
 
 
Loss per common share – diluted
 
$
(1.14)
 
$
(1.14)
 
$
(0.11)
 
 
The calculations of diluted loss per share excluded weighted average common stock equivalents of 51 thousand for 2013, 46 thousand for 2012 and 159 thousand for 2011 because the effect of including them would have been antidilutive.