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Note 13 - Shares Outstanding and Earnings Per Share
 3 Months Ended
Mar. 31, 2025
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

 
  

March 31,

 

(in thousands, except per share data)

 

2025

  

2024

 

Weighted average basic shares outstanding

  11,730   11,663 

Assumed exercise of stock options and issuance of stock awards

  25   - 

Weighted average diluted shares outstanding

  11,755   11,663 

Net income

 $2,509  $8,697 

Basic earnings per share

 $0.21  $0.75 

Diluted earnings per share

 $0.21  $0.75 

Unvested RSs and RSUs

  142   174