EARNINGS PER SHARE

12 Months Ended

Dec. 31, 2012

Earnings Per Share

Earnings Per Share [Text Block]

NOTE G - EARNINGS PER SHARE

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

	Year ended December 31,
	2012		2011			2010
Basic Earnings Per Share:
Numerator:
Net income from continuing operations	$	168	$	(11,793	)	$	(11	)
Denominator:
Weighted average shares outstanding		1,947		1,947			1,947
Basic earnings per share from
continuing operations		0.09		(6.06	)		(0.01	)
Basic earnings per share from
discontinued operations	$	-	$	-		$	-

Schedule of Earnings Per Share Reconciliation [Table Text Block]

	Year ended December 31,
	2012		2011			2010
Basic Earnings Per Share:
Numerator:
Net income from continuing operations	$	168	$	(11,793	)	$	(11	)
Denominator:
Weighted average shares outstanding		1,947		1,947			1,947
Basic earnings per share from
continuing operations		0.09		(6.06	)		(0.01	)
Basic earnings per share from
discontinued operations	$	-	$	-		$	-