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Note 16 - Shares Outstanding and Earnings Per Share | 12 Months Ended
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Dec. 31, 2023
Notes to Financial Statements |
Earnings Per Share [Text Block] |
16. | 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 years ended December 31, |
(in thousands, except per share data) |  | 2023 |  |  | 2022 |  |  | 2021 |
Weighted average basic shares outstanding |  |  | 11,573 |  |  |  | 11,551 |  |  |  | 11,492 |
Assumed exercise of stock options and issuance of stock awards |  |  | 5 |  |  |  | 8 |  |  |  | 11 |
Weighted average diluted shares outstanding |  |  | 11,578 |  |  |  | 11,559 |  |  |  | 11,503 |
Net income |  | $ | 44,529 |  |  | $ | 90,931 |  |  | $ | 121,051 |
Basic earnings per share |  | $ | 3.85 |  |  | $ | 7.87 |  |  | $ | 10.53 |
Diluted earnings per share |  | $ | 3.85 |  |  | $ | 7.87 |  |  | $ | 10.52 |
Unvested RSUs and PSUs |  |  | 207 |  |  |  | 194 |  |  |  | 206 |

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