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Note 8 - Earning Per Share
3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]

NOTE 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):


   

Three months ended

March 31,

 
   

2014

   

2013

 

Basic net loss per share:

               

Net loss

  $ (1,016 )   $ (1,410 )

Weighted average common shares outstanding

    7,011       7,006  

Basic net loss per share

  $ (0.14 )   $ (0.20 )
                 

Diluted net loss per share:

               

Net loss

  $ (1,016 )   $ (1,410 )

Weighted average common shares outstanding

    7,011       7,006  

Dilutive stock options

    -       -  

Weighted average common shares outstanding – assuming dilution

    7,011       7,006  

Diluted net loss per share

  $ (0.14 )   $ (0.20 )
                 
Outstanding stock options that were not included in the diluted calculation because their effect would be anti-dilutive     392       897