Note 14 - Net Income Per Share

9 Months Ended

Sep. 30, 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				Nine months ended
	September 30,				September 30,
(in thousands, except per share data)	2020		2019		2020		2019
Net income	$	14,533	$	17,234	$	41,133	$	49,418
Weighted average shares outstanding - basic		22,582		22,550		22,553		22,633
Dilutive securities		220		260		206		268
Weighted average shares outstanding- diluted		22,802		22,810		22,759		22,901
Net income per share - basic	$	0.64	$	0.76	$	1.82	$	2.18
Net income per share - diluted		0.64		0.76		1.81		2.16

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

	Three months ended				Nine months ended
(in thousands)	September 30,				September 30,
	2020		2019		2020		2019
Antidilutive SARs		202		199		202		199