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Note 11 - Earnings Per Share

3 Months Ended

Mar. 31, 2022

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,
		2022				2021
(Amounts in thousands, except share and per share data)
Net income		$	9,515			$	14,602
Weighted average common shares outstanding, basic			16,817,284				17,669,937
Dilutive effect of potential common shares
Stock options			17,814				24,956
Unvested stock awards			29,417				34,292
Total dilutive effect of potential common shares			47,231				59,248
Weighted average common shares outstanding, diluted			16,864,515				17,729,185
Basic earnings per common share		$	0.57			$	0.83
Diluted earnings per common share			0.56				0.82
Antidilutive potential common shares
Stock options			131,198				13,990
Unvested stock awards			-				7,809
Total potential antidilutive shares			131,198				21,799

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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 https://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 https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-URI https://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 https://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257

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