Note 10 - Earnings Per Share

3 Months Ended

Mar. 31, 2022

Notes to Financial Statements

EARNINGS PER SHARE

NOTE 10—EARNINGS PER SHARE

The following is the computation of basic and diluted EPS:

	Three months ended March 31,
(In thousands, except per share amounts)	2022		2021
Numerator
Net income	$	41,471	$	4,143
Denominator
Weighted average shares used to compute basic earnings per share		44,181		43,443
Dilutive effect of stock option awards		605		—
Dilutive effect of restricted stock units and performance stock units awards		122		—
Weighted average shares used to compute diluted earnings per share		44,908		43,443
Earnings (loss) per share
Basic	$	0.94	$	0.10
Diluted	$	0.92	$	0.10