Note 15 - Average Share Information

6 Months Ended

Jun. 30, 2013

Earnings Per Share [Text Block]

Earnings Per Share [Text Block]

15.   Average Share Information 

The following table summarizes the reconciliation of denominators of the basic and diluted net income (loss) per common share computations for the periods indicated.

	For the three months ended June 30,					For the six months ended June 30,
	2013		2012			2013		2012
Weighted average common shares outstanding - basic		12,652,355		12,638,160			12,651,565		12,637,990
Dilutive impact resulting from potential common share issuances		85,014		-			58,055		-
Weighted average common shares outstanding - diluted		12,737,369		12,638,160			12,709,620		12,637,990
Per share data
Net income (loss) - basic	$	0.12	$	(0.57	)	$	0.29	$	(0.61	)
Net income (loss) - diluted		0.12		(0.57	)		0.29		(0.61	)

For the six months ended June 30, 2013, potential common share issuances related to stock options were excluded from the computation of diluted net income per share as inclusion would be anti-dilutive.

No potential common shares were included in the computation of diluted net loss per share for the three and six months June 30, 2012 as inclusion would be anti-dilutive given the Company’s net loss during the periods.