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Note 18 - Net Income Per Share
3 Months Ended
Mar. 31, 2025
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

 
   

March 31,

 

(in thousands, except per share data)

 

2025

   

2024

 

Net income

  $ 33,271     $ 25,887  
                 

Weighted average shares outstanding - basic

    29,349       29,250  

Dilutive securities

    152       111  

Weighted average shares outstanding- diluted

    29,501       29,361  
                 

Net income per share - basic

  $ 1.13     $ 0.89  

Net income per share - diluted

    1.13       0.88  

 

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

 

   

Three months ended

 

(shares in thousands)

 

March 31,

 
   

2025

   

2024

 

Antidilutive SARs

    14       115