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Note 18 - Net Income Per Share
6 Months Ended
Jun. 30, 2023
Notes to Financial Statements  
Earnings Per Share [Text Block]

(18)

Net Income Per Share

 

The following table reflects net income (numerator) and average shares outstanding (denominator) for basic and diluted net income per share computations:

 

   

Three months ended

   

Six months ended

 
   

June 30,

   

June 30,

 

(in thousands, except per share data)

 

2023

   

2022

   

2023

   

2022

 

Net income available to stockholders

  $ 27,664     $ 26,794     $ 56,712     $ 34,700  
                                 

Weighted average shares outstanding - basic

    29,223       29,131       29,200       28,186  

Dilutive securities

    117       215       153       235  

Weighted average shares outstanding- diluted

    29,340       29,346       29,353       28,421  
                                 

Net income per share - basic

  $ 0.95     $ 0.92     $ 1.94     $ 1.23  

Net income per share - diluted

    0.94       0.91       1.93       1.22  

 

Certain SARs that were excluded from the EPS calculation because their impact was antidilutive were as follows:

 

   

Three months ended

   

Six months ended

 

(shares in thousands)

 

June 30,

   

June 30,

 
   

2023

   

2022

   

2023

   

2022

 

Antidilutive SARs

    94       61       94       61