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Note 13 - Earnings Per Share
12 Months Ended
Dec. 31, 2016
Notes to Financial Statements  
Earnings Per Share [Text Block]
13.
Earnings Per Share
 
The following table sets forth the computation of basic and diluted earnings per share:
 
(in
thousands, except per share amounts
)
 
2016
 
 
2015
 
 
2014
 
Numerator:
 
 
 
 
 
 
 
 
 
 
 
 
Net income as reported
  $
104,488
    $
80,866
    $
98,100
 
                         
Denominator
:
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average shares outstanding
                       
Basic
   
22,559
     
22,565
     
22,543
 
Effect of dilutive securities
   
167
     
154
     
184
 
Diluted
   
22,727
     
22,719
     
22,727
 
                         
Earnings Per Share:
 
 
 
 
 
 
 
 
 
 
 
 
Basic earnings per share
  $
4.63
    $
3.58
    $
4.35
 
Diluted earnings per share
  $
4.60
    $
3.56
    $
4.32
 
 
Potential shares of common stock attributable to stock options excluded from the earnings per share calculation because their effect would be anti-dilutive were
53,448
shares,
113,130
shares, and
43,693
shares in
2016,
2015,
and
2014,
respectively.