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Note 9 - Earnings Per Share
 6 Months Ended
Jun. 30, 2019
Notes to Financial Statements  
EARNINGS PER SHARE.

NOTE 9—EARNINGS PER SHARE

The following is the computation of basic and diluted EPS for the three and six months ended June 30, 2019 and 2018. EPS is reported under the treasury stock method.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Three months ended June 30, 

 

Six months ended June 30, 

 

(In thousands, except per share amounts)

    

2019

    

2018

    

2019

    

2018

 

Numerator

 

 

  

 

 

  

 

 

  

 

 

  

 

Net income

 

$

10,613

 

$

10,204

 

$

17,496

 

$

15,470

 

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares used to compute basic EPS

 

 

40,869

 

 

40,082

 

 

40,737

 

 

39,994

 

Dilutive effect of share-based awards

 

 

96

 

 

258

 

 

73

 

 

248

 

Weighted average shares used to compute diluted EPS

 

 

40,965

 

 

40,340

 

 

40,810

 

 

40,242

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.26

 

$

0.25

 

$

0.43

 

$

0.39

 

Diluted

 

$

0.26

 

$

0.25

 

$

0.43

 

$

0.38