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Note 16 - Earnings Per Share
12 Months Ended
Dec. 31, 2024
Notes to Financial Statements  
Earnings Per Share [Text Block]

16. EARNINGS PER SHARE 

 

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)

 

2024

  

2023

  

2022

 
             

Basic - weighted average shares outstanding

  7,437   7,363   7,317 

Dilutive restricted share units

  23   5   - 

Dilutive stock options

  20   13   52 

Diluted - weighted average shares outstanding

  7,480   7,381   7,369 

Anti-dilutive securities

  120   229   162