Note 8 - Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2023

Notes Tables

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

	For the Three Months Ended September 30						For the Nine Months Ended September 30
	2023			2022			2023			2022
	(In thousands, except per share data)
Numerator for net income per share – basic:
Net income	$	7,876		$	8,298		$	22,113		$	25,159
Allocation of distributed and undistributed income to unvested restricted stock shareholders		(2	)		(4	)		(5	)		(12	)
Net income attributable to common shareholders		7,874			8,294			22,108			25,147
Denominator for net income per share – basic:
Weighted average common shares outstanding – basic		24,560			24,716			24,574			25,014
Net income per share – basic	$	0.32		$	0.34		$	0.90		$	1.01
Numerator for net income per share – diluted:
Net income attributable to common shareholders for basic computation		7,874			8,294			22,108			25,147
Denominator for net income per share – diluted:
Weighted average common shares outstanding – basic		24,560			24,716			24,574			25,014
Weighted average effect of dilutive securities – stock options		135			131			141			133
Denominator for diluted earnings per share – adjusted weighted average shares		24,695			24,847			24,715			25,147
Net income per share - diluted	$	0.32		$	0.33		$	0.89		$	1.00