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Note 8 - Earnings Per Share
3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]

NOTE 8 — EARNINGS PER SHARE


Basic earnings per share attributable to the Company’s stockholders (“earnings per share”) is computed by dividing net income or loss attributable to the Company’s stockholders by the weighted average number of shares of common stock outstanding for the period. The Company does not have any equity instruments that are dilutive, except for employee stock-based awards.


The table below shows the reconciliation of the number of shares used in the computation of basic and diluted earnings per share:


   

Three Months Ended March 31,

 
   

2015

   

2014

 
                 

Weighted average number of shares used in computation of basic earnings per share

    47,244       45,479  

Add:

               

Additional shares from the assumed exercise of employee stock options

    835       181  
                 

Weighted average number of shares used in computation of diluted earnings per share

    48,079       45,660  

The number of stock-based awards that could potentially dilute future earnings per share and that were not included in the computation of diluted earnings per share because to do so would have been anti-dilutive was 1,037,612 and 3,349,877 for the three months ended March 31, 2015 and 2014, respectively.