Note G - Earnings (Loss) Per Share

3 Months Ended

Mar. 31, 2013

Notes to Financial Statements

Note G-Earnings (Loss) Per Share

Note G – Earnings (Loss) Per Share

Basic earnings (loss) per share is computed by dividing net income or loss by the weighted average number of common shares outstanding for the period. Diluted earnings per share calculations reflect the assumed exercise and conversion of dilutive stock options, if any, using the treasury stock method. There were no dilutive options considered in the first quarter 2012.