Note 2 - Earnings Per Common Share

3 Months Ended

Mar. 31, 2014

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

(2) Earnings per Common Share

 Basic and diluted earnings per common share were computed as follows: 

	Three Months Ended March 31,
	2014		2013
(In thousands, except per share amounts)
Numerator:
Net income	$	5,287	$	7,202
Denominator:
Basic earnings per common share - weighted-average shares		33,340		33,182
Effect of dilutive stock options		291		140
Diluted earnings per common share - weighted-average shares and assumed conversions		33,631		33,322
Basic earnings per common share	$	0.16	$	0.22
Diluted earnings per common share	$	0.16	$	0.22

              Options totaling 108,500 and 594,075 shares for the three-month periods ended March 31, 2014 and March 31, 2013, respectively, were outstanding but were not included in the calculation of diluted earnings per share because including the options in the denominator would be antidilutive, or decrease the number of weighted-average shares, due to their exercise prices exceeding the average market price of the common shares or due to inclusion of average unrecognized compensation expense in the calculation.

Unvested performance unit awards totaling 35,964 and 51,962 shares for the three-month periods ended March 31, 2014 and March 31, 2013, respectively, were considered outstanding but were not included in the calculation of diluted earnings per share because inclusion of average unrecognized compensation expense in the calculation would cause the performance units to be antidilutive.