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Note 14 - Earnings Per Share
 12 Months Ended
Dec. 31, 2019
Notes to Financial Statements  
Earnings Per Share [Text Block]
14.
EARNINGS PER SHARE
 
Basic earnings per common share was computed by dividing net income by the weighted average number of shares outstanding during the period. Diluted earnings per common share was calculated as follows:
 
   
For the Year Ended December 31,
  
   
201
9
    
201
8
    
201
7
  
   
(in thousands, except per share data)
  
                         
Net income
   $
7,900
     $
23,994
     $
38,899
  
                         
Basic weighted average common shares outstanding
    
5,832
      
6,083
      
6,331
  
Dilutive effect of common stock equivalents
    
48
      
76
      
67
  
                         
Diluted weighted average common shares outstanding
    
5,880
      
6,159
      
6,398
  
                         
Basic earnings per share
   $
1.35
     $
3.94
     $
6.14
  
                         
Diluted earnings per share
   $
1.34
     $
3.90
     $
6.08