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Note 10 - Shares Outstanding and Earnings Per Share
3 Months Ended
Mar. 31, 2018
Notes to Financial Statements  
Earnings Per Share [Text Block]
10.
Shares Outstanding and Earnings Per Share
:
 
Earnings per share have been calculated based on the weighted average number of shares outstanding as set forth below:
 
   
For the Three Months Ended
 
   
March 31,
 
(in thousands, except per share data)
 
2018
   
2017
 
Weighted average basic shares outstanding
   
11,418
     
11,369
 
Assumed exercise of stock options and issuance of stock awards
   
-
     
-
 
Weighted average diluted shares outstanding
   
11,418
     
11,369
 
Net income
  $
7,629
    $
7,699
 
Basic earnings per share
  $
0.67
    $
0.68
 
Diluted earnings per share
  $
0.67
    $
0.68
 
Anti-dilutive securities outstanding
   
65
     
42