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NOTE 5 - EARNINGS PER SHARE
3 Months Ended
Mar. 31, 2020
Notes to Financial Statements  
EARNINGS PER SHARE

NOTE 5 - EARNINGS PER SHARE

The following information was used in the computation of EPS on a basic and diluted basis:

 

 

 

 

 

 

 

 

 

 

Three months ended

 

 

 

March 31, 

 

 

    

 

2020

    

 

2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

11,228

 

$

12,918

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  Basic EPS

 

$

0.71

 

$

0.82

 

  Diluted EPS

 

$

0.70

 

$

0.81

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

15,796,796

 

 

15,693,345

 

Weighted average common shares issuable upon exercise of stock options

 

 

 

 

 

 

 

    and under the employee stock purchase plan

 

 

214,660

 

 

229,595

 

Weighted average common and common equivalent shares outstanding

 

 

16,011,456

 

 

15,922,940