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Note 13 - Net Income Per Share
 3 Months Ended
Mar. 31, 2020
Notes to Financial Statements  
Earnings Per Share [Text Block]
13
.
Net Income per Share
 
Basic net income per share is computed by dividing the net income by the weighted-average number of shares of common stock outstanding during the period. Diluted net income per share is computed by giving effect to all potential shares of common stock, including stock options, RSUs, and PSAs, to the extent dilutive. Performance-based PSAs are considered dilutive when the related performance conditions have been met assuming the end of the reporting period represents the end of the performance period. In periods with a net loss, all potential shares of common stock are excluded from the computation of diluted net loss per share as the impact would be antidilutive.
 
Net income per basic and diluted weighted-average common share outstanding was calculated as follows (in thousands, except per share amounts):
 
   
Three Months Ended March 31,
  
   
2020
    
2019
  
                 
Net income
   $
564
     $
2,165
  
                 
Basic weighted-average common shares outstanding
    
9,751
      
9,735
  
Effect of potentially dilutive common shares
(1)
    
78
      
-
  
Diluted weighted-average common shares outstanding
    
9,829
      
9,735
  
                 
Net income per common share:
                
Basic
   $
0.06
     $
0.22
  
Diluted
   $
0.06
     $
0.22
  
 
 
(
1
)
The weighted-average number of antidilutive shares
not
included in the computation of diluted net income per share was approximately 
24,000
for the
three
months ended
March 
31,
2019.