Note 6 - Earnings (Loss) Per Share

9 Months Ended

Sep. 30, 2015

Notes to Financial Statements

Earnings Per Share [Text Block]

NOTE

6

– EARNINGS (LOSS) PER SHARE

The following table presents a reconciliation of the weighted average shares outstanding used in the Net earnings (loss) per share (“EPS”) calculation:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2015		2014		2015		2014
Basic weighted average common shares outstanding		33,885		34,246		33,806		34,303
Effect of dilutive stock options		-		3		-		6
Diluted weighted average common shares outstanding		33,885		34,249		33,806		34,309
Anti-dilutive stock awards:
Restricted stock		405		-		408		-
Stock options		-		171		-		180
		405		171		408		180

Stock awards noted as anti-dilutive were not included in the basic (Restricted stock awards) and diluted (Stock option awards) weighted average common shares outstanding. Although these stock awards were not included in the Company’s calculation of basic or diluted EPS, they may have a dilutive effect on the EPS calculation in future periods if the price of the common stock increases or we report net income.