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Note 17 - Net Income Per Share
12 Months Ended
Dec. 31, 2022
Notes to Financial Statements  
Earnings Per Share [Text Block]

(17)

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:

 

(in thousands, except per share data)

            

Years Ended December 31,

 

2022

  

2021

  

2020

 
             

Net income available to stockholders

 $92,972  $74,645  $58,869 
             

Weighted average shares outstanding - basic

  28,672   24,898   22,563 

Dilutive shares

  250   258   205 
             

Weighted average shares outstanding - diluted

  28,922   25,156   22,768 
             

Net income per share - basic

 $3.24  $3.00  $2.61 

Net income per share - diluted

 $3.21  $2.97  $2.59 

 

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

 

Years Ended December 31, (shares in thousands)

 

2022

  

2021

  

2020

 

Antidilutive SARs

  1      202