PER SHARE RESULTS

3 Months Ended

Mar. 31, 2015

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

NOTE B - PER SHARE RESULTS

Basic net income per share is computed based upon the weighted average number of shares of common stock outstanding during the period. Diluted net income per share includes the dilutive effect of stock options outstanding during the period. At March 31, 2015 and 2014 there were 111,080 and 254,130 anti-dilutive options outstanding, respectively.

 

	Three Months Ended
	March 31,
	2015		2014
Weighted average shares used for basic net income per share		11,426,378		6,921,651
Effect of dilutive stock options		83,769		2,513
Weighted average shares used for diluted net income per share		11,510,147		6,924,164