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Note 13 - Earnings Per Share
12 Months Ended
Dec. 31, 2023
Notes to Financial Statements  
Earnings Per Share [Text Block]

13. 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 consolidated financial statements:

 

   

Years Ended December 31,

 
   

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

  $ 28,103       1,849,780     $ 15.19     $ 48,664       1,953,916     $ 24.91  

Effect of dilutive securities:

                                               

Options

          759,006                     757,254          

Diluted

  $ 28,103       2,608,786     $ 10.77     $ 48,664       2,711,170     $ 17.95