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NOTE 6 - EARNINGS PER SHARE | 6 Months Ended
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Jun. 30, 2021
Notes to Financial Statements |
EARNINGS PER SHARE | NOTE 6 - EARNINGS PER SHARE The following information was used in the computation of EPS on a basic and diluted basis: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | Three months ended | ​ | Six months ended | ​
​ | ​ | ​ | June 30, | ​ | June 30, | ​
​ | ​ | ​ | 2021 |  | ​ | 2020 |  | ​ | 2021 |  | ​ | 2020 | ​
​ | ​ | (dollars in thousands, except share data) | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income | ​ | $ | 22,349 | ​ | $ | 13,739 | ​ | $ | 40,331 | ​ | $ | 24,967 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Basic EPS | ​ | $ | 1.41 | ​ | $ | 0.87 | ​ | $ | 2.55 | ​ | $ | 1.58 | ​
Diluted EPS | ​ | $ | 1.39 | ​ | $ | 0.86 | ​ | $ | 2.52 | ​ | $ | 1.56 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Weighted average common shares outstanding | ​ |  | 15,813,932 | ​ |  | 15,747,056 | ​ |  | 15,808,788 | ​ |  | 15,771,926 | ​
Weighted average common shares issuable upon exercise of stock options | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
and under the employee stock purchase plan | ​ |  | 231,307 | ​ |  | 148,280 | ​ |  | 226,606 | ​ |  | 185,032 | ​
Weighted average common and common equivalent shares outstanding | ​ |  | 16,045,239 | ​ |  | 15,895,336 | ​ |  | 16,035,394 | ​ |  | 15,956,958 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
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