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Note 13 - Earnings Per Share

12 Months Ended

Dec. 31, 2024

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,
		2024												2023
		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		$	55,404				1,762,644			$	31.43			$	28,103				1,849,780			$	15.19
Effect of dilutive securities:
Options							760,937								—				759,006
Diluted		$	55,404				2,523,581			$	21.95			$	28,103				2,608,786			$	10.77