XML 29 R32.htm IDEA: XBRL DOCUMENT v3.20.1
Note 2 - Earnings Per Share and Share Repurchase Plan (Tables)
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share:

 

Year ended December 31,

 

2019

 

 

2018

 

 

2017

 

Numerator for basic and diluted earnings per share - net income

 

$

12,357

 

 

$

11,335

 

 

$

8,289

 

Denominator for basic earnings per share - weighted average shares

   outstanding

 

 

3,498,326

 

 

 

3,463,450

 

 

 

3,428,970

 

Effect of dilutive securities - employee stock options

 

 

5,824

 

 

 

19,059

 

 

 

16,841

 

Denominator for diluted earnings per share - adjusted weighted average

   shares outstanding

 

 

3,504,150

 

 

 

3,482,509

 

 

 

3,445,811

 

Earnings per share - basic

 

$

3.53

 

 

$

3.27

 

 

$

2.42

 

Earnings per share - diluted

 

$

3.53

 

 

$

3.25

 

 

$

2.41