Note 11 - Net Income Per Share

6 Months Ended

Jun. 30, 2020

Notes to Financial Statements

Earnings Per Share [Text Block]

11. Net Income per Share

The computation of basic and diluted net income per share was as follows: 

	Three months ended				Six months ended
	June 30,				June 30,
	2020		2019		2020		2019
	(in thousands, except per share data)				(in thousands, except per share data)
Basic:
Net income available for common stockholders	$	3,500	$	4,624	$	6,674	$	8,137
Weighted average shares outstanding		20,180		19,680		20,174		19,660
Basic earnings per share	$	0.17	$	0.23	$	0.33	$	0.41
Diluted:
Net income available for common stockholders	$	3,500	$	4,624	$	6,674	$	8,137
Weighted-average shares outstanding		20,180		19,680		20,174		19,660
Common stock equivalents, if dilutive		219		566		241		566
Shares used in computing diluted earnings per common share		20,399		20,246		20,415		20,226
Diluted earnings per share	$	0.17	$	0.23	$	0.33	$	0.40
Shares excluded in computing diluted earnings per share as those shares would be anti-dilutive		713		531		651		537