Note 18 - Net Income Per Share

9 Months Ended

Sep. 30, 2022

Notes to Financial Statements

Earnings Per Share [Text Block]

(18) 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)	2022		2021		2022		2021
Net income available to stockholders	$	28,455	$	23,162	$	63,155	$	50,056
Weighted average shares outstanding - basic		29,144		26,485		28,509		24,360
Dilutive securities		260		241		243		242
Weighted average shares outstanding- diluted		29,404		26,726		28,752		24,602
Net income per share - basic	$	0.98	$	0.87	$	2.22	$	2.05
Net income per share - diluted		0.97		0.87		2.20		2.03

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,
	2022		2021		2022		2021
Antidilutive SARs		-		31		-		31