Note 2 - Earnings Per Share

6 Months Ended

Jun. 30, 2011

Earnings Per Share [Text Block]

Note 2. Earnings Per Share. Basic and diluted earnings per share for the three and six months ended June 30, 2011 are based on weighted average shares of common stock outstanding, excluding treasury shares. Diluted earnings per share include the potentially dilutive effects of the Company’s stock option plan. For the three and six months ended June 30, 2011, there were no stock options that were dilutive because their exercise prices exceeded the average market price of the Company’s common stock; compared to 708 and 354 stock options respectively, for the three and six month periods ended June 30, 2010 that were dilutive because their exercise prices were less than the average market price of the Company’s common stock.