Note 16 - Shares Outstanding and Earnings Per Share

12 Months Ended

Dec. 31, 2023

Notes to Financial Statements

Earnings Per Share [Text Block]

16. Shares Outstanding and Earnings Per Share:

Earnings per share have been calculated based on the weighted average number of shares outstanding as set forth below:

	For the years ended December 31,
(in thousands, except per share data)	2023		2022		2021
Weighted average basic shares outstanding		11,573		11,551		11,492
Assumed exercise of stock options and issuance of stock awards		5		8		11
Weighted average diluted shares outstanding		11,578		11,559		11,503
Net income	$	44,529	$	90,931	$	121,051
Basic earnings per share	$	3.85	$	7.87	$	10.53
Diluted earnings per share	$	3.85	$	7.87	$	10.52
Unvested RSUs and PSUs		207		194		206