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Note 2 - Earnings Per Share
 6 Months Ended
Jun. 30, 2013
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
NOTE 2:    EARNINGS PER SHARE

Basic earnings per share (“EPS”) is computed by dividing reported net income by weighted average number of common shares outstanding during each period.  Diluted EPS is computed by dividing reported net income by the weighted average common shares and all potential dilutive common shares outstanding during the period.

Following is the computation of per share earnings for the three and six months ended June 30, 2013 and 2012:

   
Three Months Ended
June 30,
   
Six Months Ended
June 30,
 
(In thousands, except per share data)
 
2013
   
2012
   
2013
   
2012
 
Net income
 
$
6,576
   
$
6,536
   
$
12,513
   
$
12,891
 
                                 
Average common shares outstanding
   
16,415
     
17,044
     
16,465
     
17,130
 
Average potential dilutive common shares
   
3
     
5
     
4
     
4
 
Average diluted common shares
   
16,418
     
17,049
     
16,469
     
17,134
 
                                 
Basic earnings per share
 
$
0.40
   
$
0.38
   
$
0.76
   
$
0.75
 
Diluted earnings per share
 
$
0.40
   
$
0.38
   
$
0.76
   
$
0.75
 

Stock options to purchase 138,528 and 227,670 shares for the three and six months ended June 30, 2013 and 2012, respectively, were not included in the diluted EPS calculation because the exercise price of those options exceeded the average market price.