Note 12 - Net Income Per Share

12 Months Ended

Dec. 31, 2023

Notes to Financial Statements

Earnings Per Share [Text Block]

(12)     NET INCOME PER SHARE

The following table (in thousands, except per share amounts) sets forth the computation of basic earnings per share for the periods presented:  

	Year Ended December 31,
	2023		2022
Basic earnings per common share:
Net income - basic	$	44,793	$	18,105
Weighted average shares outstanding - basic		33,133		32,043
Basic earnings per common share	$	1.35	$	0.57
The following table (in thousands, except per share amounts) sets forth the computation of diluted net income per share:
	Year Ended December 31,
	2023		2022
Diluted earnings per common share:
Net income - basic	$	44,793	$	18,105
Add: Convertible Notes interest expense, net of tax		1,201		527
Net income - diluted	$	45,994	$	18,632
Weighted average shares outstanding - basic		33,133		32,043
Add: Dilutive effects of if converted Convertible Notes		3,164		1,398
Add: Dilutive effects of Restricted Stock Units		530		208
Weighted average shares outstanding - diluted		36,827		33,649
Diluted net earnings per share	$	1.25	$	0.55