Note 8 - Earning Per Share

12 Months Ended

Dec. 31, 2012

Earnings Per Share [Text Block]

8.  EARNINGS PER SHARE

Basic earnings per share are computed by dividing reported earnings available to common shareholders by weighted average common shares outstanding.  Diluted earnings per share give effect to dilutive potential common shares. 

Earnings per share are calculated as follows (in thousands, except per share data):

	Years ended December 31,
	2012			2011			2010
Basic loss per share:
Net loss	$	(3,785	)	$	(505	)	$	(8,419	)
Weighted average common shares outstanding		6,975			6,857			6,839
Basic loss per share	$	(0.54	)	$	(0.07	)	$	(1.23	)
Diluted loss per share:
Net loss	$	(3,785	)	$	(505	)	$	(8,419	)
Weighted average common shares outstanding		6,975			6,857			6,839
Dilutive stock options and restricted stock		-			-			-
Weighted average common shares outstanding – assuming dilution		6,975			6,857			6,839
Diluted loss per share	$	(0.54	)	$	(0.07	)	$	(1.23	)
Outstanding stock options that were not included in the diluted calculation because their effect would be anti-dilutive		750			704			1,371