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Note 8 - EARNINGS PER SHARE | 9 Months Ended
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Sep. 30, 2022
Notes to Financial Statements |
EARNINGS PER SHARE | NOTE 8 - 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,
​ | ​ | ​ | 2022 |  | ​ | 2021 |  | ​ | 2022 |  | ​ | 2021
​ | ​ | (dollars in thousands, except share data)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income | ​ | $ | 29,294 | ​ | $ | 31,565 | ​ | $ | 68,160 | ​ | $ | 71,896
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Basic EPS | ​ | $ | 1.73 | ​ | $ | 2.02 | ​ | $ | 4.25 | ​ | $ | 4.54
Diluted EPS | ​ | $ | 1.71 | ​ | $ | 1.99 | ​ | $ | 4.20 | ​ | $ | 4.48
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Weighted average common shares outstanding | ​ |  | 16,900,968 | ​ |  | 15,635,123 | ​ |  | 16,030,371 | ​ |  | 15,829,124
Weighted average common shares issuable upon exercise of stock options | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
and under the employee stock purchase plan | ​ |  | 209,723 | ​ |  | 234,675 | ​ |  | 213,550 | ​ |  | 229,296
Weighted average common and common equivalent shares outstanding | ​ |  | 17,110,691 | ​ |  | 15,869,798 | ​ |  | 16,243,921 | ​ |  | 16,058,420
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ ​

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