Note 16 - Net Income Per Share

12 Months Ended

Dec. 31, 2024

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:

(in thousands, except per share data)
Years Ended December 31,	2024		2023		2022
Net income available to stockholders	$	114,539	$	107,748	$	92,972
Weighted average shares outstanding - basic		29,288		29,212		28,672
Dilutive shares		133		131		250
Weighted average shares outstanding - diluted		29,421		29,343		28,922
Net income per share - basic	$	3.91	$	3.69	$	3.24
Net income per share - diluted	$	3.89	$	3.67	$	3.21

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

Years Ended December 31, (shares in thousands)	2024		2023		2022
Antidilutive SARs		96		94		1