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Note 6 - EARNINGS PER SHARE | 3 Months Ended
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Mar. 31, 2022
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 | ​
​ | ​ | ​ | March 31, | ​
​ | ​ | ​ | 2022 |  | ​ | 2021 |
​ | ​ | (dollars in thousands, except share data)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income | ​ | $ | 23,624 | ​ | $ | 17,982 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Basic EPS | ​ | $ | 1.51 | ​ | $ | 1.14 | ​
Diluted EPS | ​ | $ | 1.49 | ​ | $ | 1.12 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Weighted average common shares outstanding | ​ |  | 15,625,112 | ​ |  | 15,803,643 | ​
Weighted average common shares issuable upon exercise of stock options | ​ | ​ | ​ | ​ | ​ | ​ | ​
and under the employee stock purchase plan | ​ |  | 227,144 | ​ |  | 221,905 | ​
Weighted average common and common equivalent shares outstanding | ​ |  | 15,852,256 | ​ |  | 16,025,548 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​

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