Note 19 - Earnings Per Share

12 Months Ended

Dec. 31, 2016

Notes to Financial Statements

Earnings Per Share [Text Block]

NOTE

19

– EARNINGS PER SHARE

The factors used in the earnings per share computation follow:

	2016		2015		2014
Basic
Net income attributable to common shares	$	31,913,000	$	27,020,000	$	17,331,000
Weighted average common shares outstanding		16,292,086		16,609,263		13,510,991
Basic earnings per common share	$	1.96	$	1.63	$	1.28
Diluted
Net income attributable to common shares	$	31,913,000	$	27,020,000	$	17,331,000
Weighted average common shares outstanding for basic earnings per common share		16,292,086		16,609,263		13,510,991
Add: Dilutive effects of share-based awards		18,644		32,877		30,913
Average shares and dilutive potential common shares		16,310,730		16,642,140		13,541,904
Diluted earnings per common share	$	1.96	$	1.62	$	1.28

Stock options for approximately

11,000,

40,000

and

168,000

shares of common stock were antidilutive and were not included in determining dilutive earnings per share in

2016,

2015

and

2014,

respectively.