Note 18 - Net Income Per Share

9 Months Ended

Sep. 30, 2024

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)	2024		2023		2024		2023
Net income	$	29,360	$	27,092	$	82,845	$	83,804
Weighted average shares outstanding - basic		29,299		29,223		29,277		29,208
Dilutive securities		146		113		119		139
Weighted average shares outstanding- diluted		29,445		29,336		29,396		29,347
Net income per share - basic	$	1.00	$	0.93	$	2.83	$	2.87
Net income per share - diluted		1.00		0.92		2.82		2.86

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,
	2024		2023		2024		2023
Antidilutive SARs		105		94		118		79