Note 5 - Supplemental Disclosure for Earnings Per Share

9 Months Ended

Sep. 30, 2019

Notes to Financial Statements

Earnings Per Share [Text Block]

5. Supplemental Disclosure for Earnings Per Share

	Three Months Ended				Nine Months Ended
	9/30/2019		9/30/2018		9/30/2019		9/30/2018
Basic	(Dollars in thousands, except for share and per share data)
Earnings:
Net income attributable to First Capital, Inc.	$	2,915	$	2,524	$	7,922	$	6,757
Shares:
Weighted average common shares outstanding		3,335,816		3,329,833		3,331,854		3,327,710
Net income attributable to First Capital, Inc. per common share, basic	$	0.87	$	0.76	$	2.38	$	2.03
Diluted
Earnings:
Net income attributable to First Capital, Inc.	$	2,915	$	2,524	$	7,922	$	6,757
Shares:
Weighted average common shares outstanding		3,335,816		3,329,833		3,331,854		3,327,710
Add: Dilutive effect of restricted stock		8,506		4,971		11,322		5,820
Weighted average common shares outstanding, as adjusted		3,344,322		3,334,804		3,343,176		3,333,530
Net income attributable to First Capital, Inc. per common share, diluted	$	0.87	$	0.76	$	2.37	$	2.03

Nonvested restricted stock shares are

not

considered as outstanding for purposes of computing weighted average common shares outstanding.

No

shares were excluded from the calculations of diluted net income per share because their effect would be anti-dilutive for the

three

-month and

nine

-month periods ended

September 30, 2019

and

2018.