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Note 18 - Earnings Per Share
 12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]

18. Earnings Per Share

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

 

 

 

Year ended December 31,

 

 

 

2025

 

 

2024

 

 

2023

 

 

 

(in thousands, except shares and per share data)

 

Net income

 

$

197,070

 

 

$

117,573

 

 

$

79,201

 

Weighted average common shares outstanding:

 

 

 

 

 

 

 

 

 

Basic

 

 

26,639,733

 

 

 

25,520,343

 

 

 

24,822,004

 

Common Share equivalents

 

 

845,517

 

 

 

703,499

 

 

 

505,087

 

Diluted

 

 

27,485,250

 

 

 

26,223,842

 

 

 

25,327,091

 

 

 

 

 

 

 

 

 

 

 

Earnings per share:

 

 

 

 

 

 

 

 

 

Basic

 

$

7.40

 

 

$

4.61

 

 

$

3.19

 

Diluted

 

$

7.17

 

 

$

4.48

 

 

$

3.13

 

 

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.