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Note 5 - Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2018
Earnings Per Share  
Schedule of computation of earnings per share on a basic and diluted basis

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended

 

Six months ended

 

 

 

 

June 30, 

 

June 30, 

 

 

 

 

2018

    

 

2017

    

 

2018

    

 

2017

 

Net income

 

$

10,445,385

 

$

8,766,017

 

$

20,995,346

 

$

17,950,982

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

 

  

 

 

  

 

 

  

 

Basic EPS

 

$

0.75

 

$

0.67

 

$

1.51

 

$

1.36

 

Diluted EPS

 

$

0.73

 

$

0.65

 

$

1.48

 

$

1.33

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

13,919,565

 

 

13,170,283

 

 

13,904,113

 

 

13,151,833

 

Weighted average common shares issuable upon exercise of stock options and under the employee stock purchase plan

 

 

312,858

 

 

346,309

 

 

314,890

 

 

350,672

 

Weighted average common and common equivalent shares outstanding

 

 

14,232,423

 

 

13,516,592

 

 

14,219,003

 

 

13,502,505