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Note 12 - Earnings Per Share | 6 Months Ended
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Jun. 30, 2021
Notes to Financial Statements |
Earnings Per Share [Text Block] | 12. EARNINGS PER SHARE Basic earnings per share (“EPS”) is computed by dividing net income applicable to common shareholders by the weighted average number of common shares outstanding during each period. The diluted earnings per share computation includes common share equivalents, when dilutive. A reconciliation of the shares used in the basic and diluted income per common share computation for the three and six months ended June 30, 2021 and 2020 is as follows:
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 30, |  |  | June 30, |
(shares in thousands) |  | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
Basic - weighted average shares outstanding |  |  | 7,283 |  |  |  | 7,312 |  |  |  | 7,271 |  |  |  | 7,332 |
Dilutive stock options |  |  | 156 |  |  |  | 22 |  |  |  | 132 |  |  |  | 28 |
Diluted - weighted average shares outstanding |  |  | 7,439 |  |  |  | 7,334 |  |  |  | 7,402 |  |  |  | 7,360 |
Anti-dilutive securities |  |  | 25 |  |  |  | 188 |  |  |  | 25 |  |  |  | 187 |

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