Note 9 - Basic and Diluted Earnings Per Common Share (Tables)

3 Months Ended

Mar. 31, 2016

Notes Tables

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

	For the Three Months Ended
	March 31,
	2016		2015
Net income (numerator)	$	507,000	$	148,000
Shares (denominator):
Basic weighted average common shares outstanding		17,669,331		18,299,933
Add: dilutive effect of common stock options		-		199,639
Diluted weighted average common shares outstanding		17,669,331		18,499,572
Earnings per common share:
Basic	$	0.03	$	0.01
Diluted	$	0.03	$	0.01