XML 30 R20.htm IDEA: XBRL DOCUMENT v3.23.2
Note 14 - Shares Outstanding and Earnings Per Share
6 Months Ended
Jun. 30, 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     For the Six Months Ended  
   

June 30,

   

June 30,

 

(in thousands, except per share data)

 

2023

   

2022

   

2023

   

2022

 

Weighted average basic shares outstanding

    11,569       11,538       11,570       11,536  

Assumed exercise of stock options and issuance of stock awards

    3       7       2       4  

Weighted average diluted shares outstanding

    11,572       11,545       11,572       11,540  

Net income (loss)

  $ 15,019     $ 37,624     $ 24,891     $ 74,926  

Basic earnings per share

  $ 1.30     $ 3.26     $ 2.15     $ 6.49  

Diluted earnings per share

  $ 1.30     $ 3.26     $ 2.15     $ 6.49  

Unvested RSUs

    226       196       226       196