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Note 14 - Shares Outstanding and Earnings Per Share
3 Months Ended
Mar. 31, 2023
Notes to Financial Statements  
Earnings Per Share [Text Block]

14.

 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)

 

2023

   

2022

 

Weighted average basic shares outstanding

    11,570       11,559  

Assumed exercise of stock options and issuance of stock awards

    1       4  

Weighted average diluted shares outstanding

    11,571       11,563  

Net income (loss)

  $ 9,872     $ 37,302  

Basic earnings per share

  $ 0.85     $ 3.23  

Diluted earnings per share

  $ 0.85     $ 3.23  

Unvested RSUs

    226       201