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Note 4 - Earnings Per Share & Share Repurchase Plan (Tables)
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share

The following sets forth the computation of basic and diluted earnings per share:

 

 

 

For the Three Months Ended March 31,

 

 

 

2020

 

 

2019

 

Numerator for basic and diluted earnings per share - net income

 

$

220

 

 

$

3,379

 

Denominator for basic earnings per share - weighted average

   shares outstanding

 

 

3,522,667

 

 

 

3,486,786

 

Effect of dilutive securities - employee stock options

 

 

2,788

 

 

 

7,643

 

Denominator for diluted earnings per share - adjusted

   weighted average shares outstanding

 

 

3,525,455

 

 

 

3,494,429

 

Earnings per share - basic

 

$

0.06

 

 

$

0.97

 

Earnings per share - diluted

 

 

0.06

 

 

 

0.97