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Note 9 - Earnings Per Share
 9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]

9. Earnings Per Share

The following table sets out earnings per share of common stock:

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

 

 

(in thousands, except shares and per share data)

 

 

(in thousands, except shares and per share data)

 

Net income

 

$

51,455

 

 

$

30,497

 

 

$

140,905

 

 

$

82,608

 

Weighted average common shares outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

26,637,592

 

 

 

25,766,697

 

 

 

26,683,856

 

 

 

25,194,114

 

Common Share equivalents

 

 

808,927

 

 

 

712,869

 

 

 

849,677

 

 

 

683,143

 

Diluted

 

 

27,446,519

 

 

 

26,479,566

 

 

 

27,533,533

 

 

 

25,877,257

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

1.93

 

 

$

1.18

 

 

$

5.28

 

 

$

3.28

 

Diluted

 

$

1.87

 

 

$

1.15

 

 

$

5.12

 

 

$

3.19

 

 

Common share equivalents relate primarily to outstanding stock options, RSUs and PSUs under the 2019 Plan and unpurchased shares under the 2019 ESPP and are calculated using the treasury stock method.