Note 7 - Earnings Per Share

12 Months Ended

Dec. 31, 2014

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

7. EARNINGS PER SHARE

Basic earnings per share are computed by dividing reported earnings available to common shareholders by weighted average common shares outstanding.  Diluted earnings per share give effect to dilutive potential common shares. 

Earnings per share are calculated as follows (in thousands, except per share data):

	Years ended December 31,
	2014			2013			2012
Basic loss per share:
Net loss	$	(5,159	)	$	(2,703	)	$	(3,785	)
Weighted average common shares outstanding		7,527			7,006			6,975
Basic loss per share	$	(0.69	)	$	(0.39	)	$	(0.54	)
Diluted loss per share:
Net loss	$	(5,159	)	$	(2,703	)	$	(3,785	)
Weighted average common shares outstanding		7,527			7,006			6,975
Dilutive stock options and restricted stock		-			-			-
Weighted average common shares outstanding – assuming dilution		7,527			7,006			6,975
Diluted loss per share	$	(0.69	)	$	(0.39	)	$	(0.54	)
Outstanding stock options that were not included in the diluted calculation because their effect would be anti-dilutive		362			686			750