Note 7 - Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2017

Notes Tables

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

	For the Three Months Ended September 30, 2017						For the Three Months Ended September 30, 2016
	Class A Common Stock			Class B Common Stock			Class A Common Stock			Class B Common Stock
	(In thousands, except per share data)
Numerator for net income per share - basic:
Net income	$	2,062		$	2,091		$	2,345		$	2,384
Allocation of distributed and undistributed income to unvested restricted stock shareholders		(15	)		(15	)		(21	)		(21	)
Net income attributable to common shareholders	$	2,047		$	2,076		$	2,324		$	2,363
Denominator for net income per share - basic:
Weighted average common shares outstanding - basic		20,788			3,514			20,716			3,511
Net income per share – basic	$	0.10		$	0.59		$	0.11		$	0.67
Numerator for net income per share - diluted:
Net income attributable to common shareholders for basic computation	$	2,047		$	2,076		$	2,324		$	2,363
Denominator for net income per share - diluted:
Weighted average common shares outstanding – basic		20,788			3,514			20,716			3,511
Weighted average effect of dilutive securities – stock options		952			106			352			45
Denominator for diluted earnings per share – adjusted weighted average shares		21,740			3,620			21,068			3,556
Net income per share – diluted	$	0.09		$	0.57		$	0.11		$	0.66

	For the Nine Months Ended September 30, 2017						For the Nine Months Ended September 30, 2016
	Class A Common Stock			Class B Common Stock			Class A Common Stock			Class B Common Stock
	(In thousands, except per share data)
Numerator for net income per share - basic:
Net income	$	8,151		$	8,275		$	7,339		$	7,454
Allocation of distributed and undistributed income to unvested restricted stock shareholders		(63	)		(64	)		(64	)		(64	)
Net income attributable to common shareholders	$	8,088		$	8,211		$	7,275		$	7,390
Denominator for net income per share - basic:
Weighted average common shares outstanding – basic		20,759			3,514			20,712			3,503
Net income per share – basic	$	0.39		$	2.34		$	0.35		$	2.11
Numerator for net income per share - diluted:
Net income attributable to common shareholders for basic computation	$	8,088		$	8,211		$	7,275		$	7,390
Denominator for net income per share - diluted:
Weighted average common shares outstanding – basic		20,759			3,514			20,712			3,503
Weighted average effect of dilutive securities – stock options		778			81			305			54
Denominator for diluted earnings per share – adjusted weighted average shares		21,537			3,595			21,017			3,557
Net income per share – diluted	$	0.38		$	2.28		$	0.35		$	2.08