Note 2 - Earnings Per Share

3 Months Ended

Mar. 31, 2013

Earnings Per Share [Text Block]

Note 2. Earnings Per Share. Basic and diluted earnings per share for the three months ended March 31, 2013, 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 plans. For the three months ended March 31, 2013, there were 701 stock options that were dilutive because their exercise prices were less than the average market price of the Company’s common stock. For the three months ended March 31, 2012, there were no stock options that were dilutive because exercise prices exceeded the average market price of the Company’s common stock.