XML 32 R17.htm IDEA: XBRL DOCUMENT v3.10.0.1
Note 11 - Earnings (Loss) Per Share
 6 Months Ended
Jun. 30, 2018
Notes to Financial Statements  
Earnings Per Share [Text Block]
NOTE
1
1
–
EARNINGS (
LOSS
)
PER SHARE
 
Basic earnings (loss) per share is computed based on the weighted average number of shares of common stock outstanding during the period. Diluted earnings (loss) per share is computed by adjusting the weighted average number of shares of common stock outstanding by common stock equivalents attributable to dilutive restricted stock. The computation of diluted earnings (loss) per share does
not
assume conversion, exercise or contingent issuance of securities that would have an antidilutive effect on loss per share.
 
The following table sets forth the computation of basic and diluted earnings (loss) per share (in thousands, except per share amounts):
 
   
Three Months Ended
    
Six Months Ended
  
   
June 30,
    
June 30,
  
Numerator:
  
201
8
    
2017
    
201
8
    
2017
  
Net income (loss)
  
$
2,544
     $
(2,846
 )  
$
3,579
     $
(7,736
 )
Denominator:
                                
Denominator for basic earnings (loss) per share – weighted average shares
  
 
8,205
      
8,028
    
 
8,141
      
8,028
  
Effect of dilutive securities:
                                
Employee restricted stock
  
 
22
      
--
    
 
26
      
--
  
Denominator for diluted earnings per share – adjusted weighted average shares and assumed conversion
  
 
8,227
      
8,028
    
 
8,167
      
8,028
  
Basic earnings (loss) per share
  
$
0.31
     $
(0.35
 )  
$
0.44
     $
(0.96
 )
Diluted earnings (loss) per share
  
$
0.31
     $
(0.35
 )  
$
0.44
     $
(0.96
 )
Weighted average anti-dilutive employee restricted stock
  
 
99
      
--
    
 
61
      
2