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Note 10 - Earnings Per Share
9 Months Ended
Sep. 30, 2024
Notes to Financial Statements  
Earnings Per Share [Text Block]

(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 consolidated financial statements: 

 

   

Nine Months Ended September 30,

 
   

2024

   

2023

 
   

Net
Income
(In
000’s)

   

Weighted
Average
Number of
Shares
Outstanding

    Per
Share
Amount
    Net
Loss
(In
000’s)
   

Weighted
Average
Number of
Shares
Outstanding

    Per
Share
Amount
 

Basic

  $ 53,127       1,778,224     $ 29.88     $ 22,220       1,859,084     $ 11.95  

Effect of dilutive securities:

                                               

Options (a)

    0       760,044               0       758,674          
                                                 

Diluted

  $ 53,127       2,538,268     $ 20.93     $ 22,220       2,617,758     $ 8.49  

 

   

Three Months Ended September 30,

 
   

2024

   

2023

 
   

Net
Income
(In
000’s)

   

Weighted
Average
Number of
Shares
Outstanding

    Per
Share
Amount
    Net
Loss
(In
000’s)
   

Weighted
Average
Number of
Shares
Outstanding

    Per
Share
Amount
 

Basic

  $ 22,076       1,747,727     $ 12.63     $ 10,720       1,834,709     $ 5.84  

Effect of dilutive securities:

                                               

Options (a)

    0       760,904                       759,215          
                                                 

Diluted

  $ 22,076       2,508,631     $ 8.80     $ 10,720       2,593,924     $ 4.13