Note 18 - Net Income Per Share

6 Months Ended

Jun. 30, 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				Six months ended
	June 30,				June 30,
(in thousands, except per share data)	2025		2024		2025		2024
Net income	$	34,024	$	27,598	$	67,295	$	53,485
Weighted average shares outstanding - basic		29,364		29,283		29,356		29,267
Dilutive securities		141		100		147		105
Weighted average shares outstanding- diluted		29,505		29,383		29,503		29,372
Net income per share - basic	$	1.16	$	0.94	$	2.29	$	1.83
Net income per share - diluted		1.15		0.94		2.28		1.82

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

	Three months ended				Six months ended
(shares in thousands)	June 30,				June 30,
	2025		2024		2025		2024
Antidilutive SARs		26		136		20		125