Note 10 - Net Income Per Share

6 Months Ended

Jun. 30, 2024

Notes to Financial Statements

Earnings Per Share [Text Block]

10. Net Income per Share

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

	Three months ended				Six months ended
	June 30,				June 30,
	2024		2023		2024		2023
	(in thousands, except per share data)				(in thousands, except per share data)
Basic:
Net income available for common stockholders	$	11,826	$	8,098	$	21,713	$	14,138
Weighted average shares outstanding		22,458		22,213		22,412		22,162
Basic earnings per share	$	0.53	$	0.36	$	0.97	$	0.64
Diluted:
Net income available for common stockholders	$	11,826	$	8,098	$	21,713	$	14,138
Weighted-average shares outstanding		22,458		22,213		22,412		22,162
Common stock equivalents, if dilutive		267		238		245		209
Shares used in computing diluted earnings per common share		22,725		22,451		22,657		22,371
Diluted earnings per share	$	0.52	$	0.36	$	0.96	$	0.63
Shares excluded in computing diluted earnings per share as those shares would be anti-dilutive		26		163		147		290