Note 3 - Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2017

Notes Tables

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

	For the Three Months Ended
(Amounts in thousands, except per share information)	March 31,
Earnings Per Share	2017		2016
Numerators:
Net income (loss)	$	2,252	$	(960	)
Denominators:
Weighted average number of common shares outstanding - basic		13,416		13,360
Effect of potentially dilutive common shares (1)		105		—
Weighted average number of common shares outstanding - diluted		13,521		13,360
Earnings (loss) per common share:
Basic	$	0.17	$	(0.07	)
Diluted	$	0.17	$	(0.07	)
Anti-dilutive options not included in diluted earnings per share calculation		—		120,700
Anti-dilutive restricted shares not included in diluted earnings per share calculation		33,068		54,181
(1) Represents the effects of the assumed exercise of stock options and vesting of non-participating restricted shares. For periods in which a net loss is reported, there is no effect on the calculation of diluted loss per share because the conversion is anti-dilutive.