Note 19 - Earnings Per Share

12 Months Ended

Dec. 31, 2017

Notes to Financial Statements

Earnings Per Share [Text Block]

NOTE

19

– EARNINGS PER SHARE

The factors used in the earnings per share computation follow:

	201 7		201 6		201 5
Basic
Net income attributable to common shares	$	31,274,000	$	31,913,000	$	27,020,000
Weighted average common shares outstanding		16,478,968		16,292,086		16,609,263
Basic earnings per common share	$	1.90	$	1.96	$	1.63
Diluted
Net income attributable to common shares	$	31,274,000	$	31,913,000	$	27,020,000
Weighted average common shares outstanding for basic earnings per common share		16,478,968		16,292,086		16,609,263
Add: Dilutive effects of share-based awards		10,102		18,644		32,877
Average shares and dilutive potential common shares		16,489,070		16,310,730		16,642,140
Diluted earnings per common share	$	1.90	$	1.96	$	1.62

S

tock options for approximately

7,000,

11,000

and

40,000

shares of common stock were antidilutive and were

not

included in determining dilutive earnings per share in

2017,

2016

and

2015,

respectively.