XML 30 R20.htm IDEA: XBRL DOCUMENT v3.22.2.2
Note 13 - Shares Outstanding and Earnings Per Share
9 Months Ended
Sep. 30, 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

   

For the Nine Months Ended

 
   

September 30,

   

September 30,

 

(in thousands, except per share data)

 

2022

   

2021

   

2022

   

2021

 

Weighted average basic shares outstanding

    11,548       11,492       11,543       11,491  

Assumed exercise of stock options and issuance of stock awards

    9       23       5       18  

Weighted average diluted shares outstanding

    11,557       11,515       11,548       11,509  

Net income (loss)

  $ 12,046     $ 44,533     $ 86,972     $ 96,190  

Basic earnings per share

  $ 1.04     $ 3.88     $ 7.53     $ 8.37  

Diluted earnings per share

  $ 1.04     $ 3.87     $ 7.53     $ 8.36  

Unvested RSUs

    176       209       176       209