Note 9 - Net Income Per Share

9 Months Ended

Sep. 30, 2024

Notes to Financial Statements

Earnings Per Share [Text Block]

9. Net Income per Share

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

	Three months ended				Nine months ended
	September 30,				September 30,
	2024		2023		2024		2023
	(in thousands, except per share data)				(in thousands, except per share data)
Basic:
Net income available for common stockholders	$	11,141	$	7,502	$	32,854	$	21,640
Weighted average shares outstanding		22,476		22,263		22,433		22,196
Basic earnings per share	$	0.50	$	0.34	$	1.46	$	0.97
Diluted:
Net income available for common stockholders	$	11,141	$	7,502	$	32,854	$	21,640
Weighted-average shares outstanding		22,476		22,263		22,433		22,196
Common stock equivalents, if dilutive		360		218		290		215
Shares used in computing diluted earnings per common share		22,836		22,481		22,723		22,411
Diluted earnings per share	$	0.49	$	0.33	$	1.45	$	0.97
Shares excluded in computing diluted earnings per share as those shares would be anti-dilutive		-		192		24		286