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Note 19 - Earnings Per Share
12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]

NOTE 19 – EARNINGS PER SHARE


The factors used in the earnings per share computation follow:


 

 

2015

   

2014

   

2013

 
Basic                        

Net income attributable to common shares

  $ 27,020,000     $ 17,331,000     $ 17,033,000  
                         

Weighted average common shares outstanding

    16,609,263       13,510,991       8,710,677  
                         

Basic earnings per common share

  $ 1.63     $ 1.28     $ 1.96  
                         

Diluted

                       

Net income attributable to common shares

  $ 27,020,000     $ 17,331,000     $ 17,033,000  
                         

Weighted average common shares outstanding for basic earnings per common share

    16,609,263       13,510,991       8,710,677  
                         

Add: Dilutive effects of share-based awards

    32,877       30,913       14,031  
                         

Average shares and dilutive potential common shares

    16,642,140       13,541,904       8,724,708  
                         

Diluted earnings per common share

  $ 1.62     $ 1.28     $ 1.95  

Stock options for approximately 40,000, 168,000 and 55,000 shares of common stock were antidilutive and were not included in determining dilutive earnings per share in 2015, 2014 and 2013, respectively.