Note 14 - Net Income Per Share

3 Months Ended

Mar. 31, 2020

Notes to Financial Statements

Earnings Per Share [Text Block]

(14) 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:

	Three months ended
	March 31,
(in thousands, except per share data)	2020		2019
Net income	$	13,232	$	15,641
Weighted average shares outstanding - basic		22,516		22,661
Dilutive securities		220		285
Weighted average shares outstanding- diluted		22,736		22,946
Net income per share - basic	$	0.59	$	0.69
Net income per share - diluted		0.58		0.68

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

	Three months ended
(in thousands)	March 31,
	2020		2019
Antidilutive SARs		247		188