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NOTE 7 - EARNINGS PER SHARE | 9 Months Ended
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Sep. 30, 2019
Notes to Financial Statements |
Earnings Per Share [Text Block] | NOTE 7 - EARNINGS PER SHARE The following information was used in the computation of EPS on a basic and diluted basis:
|  |  | Three months ended |  | Nine months ended |
|  |  | September 30, |  | September 30, |
|  |  | 2019 |  |  | 2018 |  |  | 2019 |  |  | 2018 |
|  | (dollars in thousands, except share data) |
Net income |  | $ | 15,095 |  | $ | 8,809 |  | $ | 41,517 |  | $ | 29,804 |
Basic EPS |  | $ | 0.96 |  | $ | 0.56 |  | $ | 2.64 |  | $ | 2.06 |
Diluted EPS |  | $ | 0.94 |  | $ | 0.55 |  | $ | 2.60 |  | $ | 2.02 |
Weighted average common shares outstanding |  |  | 15,739,430 |  |  | 15,625,123 |  |  | 15,715,788 |  |  | 14,477,783 |
Weighted average common shares issuable upon exercise of stock options |  |  |  |  |  |  |  |  |  |  |  |  |
and under the employee stock purchase plan |  |  | 237,312 |  |  | 297,201 |  |  | 230,232 |  |  | 308,994 |
Weighted average common and common equivalent shares outstanding |  |  | 15,976,742 |  |  | 15,922,324 |  |  | 15,946,020 |  |  | 14,786,777 |

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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