Note 13 - Earnings Per Share

12 Months Ended

Dec. 31, 2020

Notes to Financial Statements

Earnings Per Share [Text Block]

Basic earnings per share (“EPS”) is computed by dividing net income applicable to common shareholders by the weighted average number of common shares outstanding during each period. The diluted earnings per share computation includes common share equivalents, when dilutive.

A reconciliation of the shares used in the basic and diluted income per common share computation for the years ended December 31, as follows:

	Twelve Months Ended
	December 31,
(shares in thousands)	2020		2019
Basic - weighted average shares outstanding		7,304		7,387
Dilutive restricted share units		-		4
Dilutive stock options		33		48
Diluted - weighted average shares outstanding		7,337		7,439
Anti-dilutive securities		149		73