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Note 13 - Shares Outstanding and Earnings Per Share
 3 Months Ended
Mar. 31, 2022
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)

 

2022

  

2021

 

Weighted average basic shares outstanding

  11,559   11,490 

Assumed issuance of stock awards

  4   6 

Weighted average diluted shares outstanding

  11,563   11,496 

Net income

 $37,302  $22,008 

Basic earnings per share

 $3.23  $1.92 

Diluted earnings per share

 $3.23  $1.91 

Unvested RSUs

  201   214