Note 16 - Net Income Per Share

9 Months Ended

Sep. 30, 2021

Notes to Financial Statements

Earnings Per Share [Text Block]

(16) 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)	2021		2020		2021		2020
Net income	$	23,162	$	14,533	$	50,056	$	41,133
Weighted average shares outstanding - basic		26,485		22,582		24,360		22,553
Dilutive securities		241		220		242		206
Weighted average shares outstanding- diluted		26,726		22,802		24,602		22,759
Net income per share - basic	$	0.87	$	0.64	$	2.05	$	1.82
Net income per share - diluted		0.87		0.64		2.03		1.81

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

	Three months ended				Nine months ended
(shares in thousands)	September 30,				September 30,
	2021		2020		2021		2020
Antidilutive SARs		31		202		31		202