Note 11 - Net Income Per Share

9 Months Ended

Sep. 30, 2021

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				Nine months ended
	September 30,				September 30,
	2021		2020		2021		2020
	(in thousands, except per share data)				(in thousands, except per share data)
Basic:
Net income available for common stockholders	$	6,504	$	7,513	$	20,732	$	14,187
Weighted average shares outstanding		21,592		20,254		20,920		20,201
Basic earnings per share	$	0.30	$	0.37	$	0.99	$	0.70
Diluted:
Net income available for common stockholders	$	6,504	$	7,513	$	20,732	$	14,187
Weighted-average shares outstanding		21,592		20,254		20,920		20,201
Common stock equivalents, if dilutive		343		220		331		233
Shares used in computing diluted earnings per common share		21,935		20,474		21,251		20,434
Diluted earnings per share	$	0.30	$	0.37	$	0.98	$	0.69
Shares excluded in computing diluted earnings per share as those shares would be anti-dilutive		-		496		1		610