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Note 13 - Shares Outstanding and Earnings Per Share | 6 Months Ended
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Jun. 30, 2024
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 Six Months Ended |
|  | June 30, |  |  | June 30, |
(in thousands, except per share data) |  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Weighted average basic shares outstanding |  |  | 11,662 |  |  |  | 11,569 |  |  |  | 11,663 |  |  |  | 11,570 |
Assumed exercise of stock options and issuance of stock awards |  |  | - |  |  |  | 3 |  |  |  | - |  |  |  | 2 |
Weighted average diluted shares outstanding |  |  | 11,662 |  |  |  | 11,572 |  |  |  | 11,663 |  |  |  | 11,572 |
Net income |  | $ | 7,660 |  |  | $ | 15,019 |  |  | $ | 16,357 |  |  | $ | 24,891 |
Basic earnings per share |  | $ | 0.66 |  |  | $ | 1.30 |  |  | $ | 1.40 |  |  | $ | 2.15 |
Diluted earnings per share |  | $ | 0.66 |  |  | $ | 1.30 |  |  | $ | 1.40 |  |  | $ | 2.15 |
Unvested RSs and RSUs |  |  | 164 |  |  |  | 226 |  |  |  | 164 |  |  |  | 226 |

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