Note M - Earnings Per Share

12 Months Ended

Dec. 31, 2013

Earnings per Share: [Abstract]

Earnings Per Share [Text Block]

NOTE M—EARNINGS PER SHARE

Earnings Per Share

Basic earnings per share (“EPS”) is computed by dividing reported net income by the weighted-average number of shares outstanding. Diluted EPS considers the potential dilution that could occur if common stock equivalents were exercised or converted into stock. The difference between the basic and diluted weighted-average equivalent shares with respect to the Company’s EPS calculation is due entirely to the assumed exercise of stock options and the vesting of restricted stock and RSUs. The effect of 173,168 and 1,945 RSUs had no impact upon the years ended December 31, 2013, and 2012, respectively, because they were anti-dilutive to EPS. The dilutive effect of stock options and awards for each period reported is summarized below:

	2013		2012		2011
	(in thousands)
Basic weighted-average shares outstanding		19,755		19,663		19,684
Effect of potential exercise of stock options and unvested restricted stock and RSUs		431		294		244
Diluted weighted-average shares outstanding		20,186		19,957		19,928