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Note 15 - Net Income Per Share
12 Months Ended
Dec. 31, 2019
Notes to Financial Statements  
Earnings Per Share [Text Block]

(15) Net Income per Share

 

The following table reflects net income (numerator) and average shares outstanding (denominator) for basic and diluted net income per share computations:

 

Years Ended December 31, (in thousands, except per share data)

 

2019

   

2018

   

2017

 
                         

Net income

  $ 66,067     $ 55,517     $ 38,043  
                         

Weighted average shares outstanding - basic

    22,598       22,619       22,532  

Dilutive securities

    267       325       451  
                         

Weighted average shares outstanding - diluted

    22,865       22,944       22,983  
                         

Net income per share - basic

  $ 2.92     $ 2.45     $ 1.69  

Net income per share - diluted

  $ 2.89     $ 2.42     $ 1.66  

 

Certain SARs that were excluded from the EPS calculation because their impact was antidilutive follows:

 

Years Ended December 31, (in thousands)

 

2019

   

2018

 

Antidilutive SARs

    199       146