XML 26 R16.htm IDEA: XBRL DOCUMENT v3.23.2
Earnings per Share
6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Earnings per Share
(10) Earnings Per Share:
Basic earnings per share are computed by dividing earnings available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted earnings per share reflect per share amounts that would have resulted if dilutive potential common stock had been converted to common stock in gain periods. The following reconciles amounts reported in the financial statements:

 
  
Six Months Ended June 30,
 
 
  
2023
 
  
2022
 
 
  
Net
Income
(In
000’s)
 
  
Weighted
Average
Number of
Shares
Outstanding
 
  
Per
Share
Amount
 
  
Net
Income
(In
000’s)
 
  
Weighted
Average
Number of
Shares
Outstanding
 
  
Per
Share
Amount
 
Basic
   $ 11,500        1,871,474      $ 6.14      $ 22,125        1,979,690      $ 11.18  
Effect of dilutive securities:
                                                     
Options
     —          758,297                 —          756,879           
    
 
 
    
 
 
             
 
 
    
 
 
          
Diluted
   $ 11,500        2,629,771      $ 4.37      $ 22,125        2,736,569      $ 8.08  
    
 
 
    
 
 
             
 
 
    
 
 
          
 
 
  
Three Months Ended June 30,
 
 
  
2023
 
  
2022
 
 
  
Net
Income
(In
000’s)
 
  
Weighted
Average
Number of
Shares
Outstanding
 
  
Per
Share
Amount
 
  
Net
Income
(In
000’s)
 
  
Weighted
Average
Number of
Shares
Outstanding
 
  
Per
Share
Amount
 
Basic
   $ 10,090        1,885,684      $ 5.35      $ 10,983        1,972,979      $ 5.57  
Effect of dilutive securities:
                                                     
Options
     —          758,268                 —          757,185           
    
 
 
    
 
 
             
 
 
    
 
 
          
Diluted
   $ 10,090        2,643,952      $ 3.82      $ 10,983        2,730,164      $ 4.02