Note 7 - Net Income per Share
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Dec. 31, 2012
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Earnings Per Share [Text Block] |
7.
Net
Income
Per
Share
Basic
net
income
per
share
excludes
dilution
and
is
computed
by
dividing
net
income
by
the
weighted
average
number
of
common
shares
outstanding
for
the
period.
Diluted
net
income
per
share
reflects
the
potential
dilution
that
would
occur
if
outstanding
securities
or
other
contracts
to
issue
common
stock
were
exercised
or
converted
into
common
stock,
and
calculated
using
the
treasury
stock
method. For
the
years
ended
December
31,
2012,
2011
and,
2010,
the
Company
had
securities
outstanding,
which
could
potentially
dilute
basic
net
income
per
share
in
the
future,
but
were
excluded
from
the
computation
of
diluted
net
income
per
share
in
the
periods
presented,
as
their
effect
would
have
been
anti-dilutive.
The
following
table
sets
forth
the
computation
of
basic
and
diluted
net
income
per
share
(in
thousands,
except
per
share
amounts):
For
the
years
ended
December
31,
2012,
2011
and
2010,
approximately
1.1
million,
4.9
million
and
2.0
million
common
stock
equivalents,
respectively,
were
excluded
from
the
calculation
of
diluted
net
income
per
share
because
their
inclusion
would
have
been
anti-dilutive.
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