Note 10 - Net Income Per Share

9 Months Ended

Sep. 30, 2023

Notes to Financial Statements

Earnings Per Share [Text Block]

10. 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,
	2023		2022		2023		2022
	(in thousands, except per share data)				(in thousands, except per share data)
Basic:
Net income available for common stockholders	$	7,502	$	5,456	$	21,640	$	15,009
Weighted average shares outstanding		22,263		21,984		22,196		21,959
Basic earnings per share	$	0.34	$	0.25	$	0.97	$	0.68
Diluted:
Net income available for common stockholders	$	7,502	$	5,456	$	21,640	$	15,009
Weighted-average shares outstanding		22,263		21,984		22,196		21,959
Common stock equivalents, if dilutive		218		233		215		190
Shares used in computing diluted earnings per common share		22,481		22,217		22,411		22,149
Diluted earnings per share	$	0.33	$	0.25	$	0.97	$	0.68
Shares excluded in computing diluted earnings per share as those shares would be anti-dilutive		192		159		286		286