Note 3 - Net Income (Loss) per Share

9 Months Ended

Sep. 30, 2013

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

3.      Net Income (Loss) per Share

Basic net income (loss) per share is computed by dividing net income (loss) by the sum of the weighted average class A common shares outstanding. Diluted net income per share is computed by dividing net income by the weighted average common shares and potential dilutive common shares outstanding. Diluted net loss per share, when applicable, is computed by dividing net loss by the weighted average common shares outstanding without the impact of potential dilutive common shares outstanding because they would have an anti-dilutive impact on diluted net loss per share.

The computation of net income (loss) per share for the three and nine months ended September 30, 2013 and 2012 is shown below:

	Three Months Ended September 30,					Nine Months Ended September 30,
(In thousands, except per share data)	2013		2012			2013		2012
Basic net income (loss) per share:
Net income (loss)	$	1,291	$	(5,949	)	$	4,266	$	(8,696	)
Weighted average class A and B common shares outstanding		41,863		41,678			41,644		41,697
Basic net income (loss) per share	$	0.03	$	(0.14	)	$	0.10	$	(0.21	)
Diluted net income (loss) per share:
Net income (loss)	$	1,291	$	(5,949	)	$	4,266	$	(8,696	)
Weighted average class A and B common shares outstanding for diluted net income per share		41,863		41,678			41,644		41,697
Assumed exercise of stock options under the treasury stock method		924		-			1,018		-
		42,787		41,678			42,662		41,697
Diluted net income (loss) per share	$	0.03	$	(0.14	)	$	0.10	$	(0.21	)

The values as of September 30, 2013 and 2012 of the potentially dilutive securities that were used in the calculations of diluted net income per share for the periods listed above are shown below:

	September 30,
(In thousands)	2013		2012
Employee stock options		2,374		-
Non-employee stock options		410		-

The values as of September 30, 2013 and 2012 of the securities that were excluded from the computation of diluted net loss per share (as their effect would be anti-dilutive) for the periods listed above are shown below:

(In thousands)	2013		2012
Employee stock options		576		3,578
Non-employee stock options		-		450