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Note 13 - Shares Outstanding and Earnings Per Share
3 Months Ended
Mar. 31, 2021
Notes to Financial Statements  
Earnings Per Share [Text Block]

13.

 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)

 

2021

  

2020

 

Weighted average basic shares outstanding

  11,490   11,444 

Assumed issuance of stock awards

  6   15 

Weighted average diluted shares outstanding

  11,496   11,459 

Net income

 $22,008  $593 

Basic earnings per share

 $1.92  $0.05 

Diluted earnings per share

 $1.91  $0.05 

Unvested RSUs

  214   255