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Note 11 - Earnings Per Share

3 Months Ended

Mar. 31, 2021

Notes to Financial Statements

Earnings Per Share [Text Block]

Note 11. Earnings per Share

The following table presents the calculation of basic and diluted earnings per common share for the periods indicated: 

		Three Months Ended
		March 31,
		2021				2020
(Amounts in thousands, except share and per share data)
Net income		$	14,602			$	7,872
Weighted average common shares outstanding, basic			17,669,937				17,998,994
Dilutive effect of potential common shares
Stock options			24,956				36,199
Restricted stock			34,292				14,878
Total dilutive effect of potential common shares			59,248				51,077
Weighted average common shares outstanding, diluted			17,729,185				18,050,071
Basic earnings per common share		$	0.83			$	0.44
Diluted earnings per common share			0.82				0.44
Antidilutive potential common shares
Stock options			13,990				-
Restricted stock			7,809				32,137
Total potential antidilutive shares			21,799				32,137

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- Definition

The entire disclosure for earnings per share.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-URI http://asc.fasb.org/topic&trid=2144383

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3630-109257

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