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Note 11 - Earnings Per Share
 3 Months Ended
Mar. 31, 2024
Notes to Financial Statements  
Earnings Per Share [Text Block]

11. 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 EPS 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 months ended March 31, 2024 and 2023 is as follows:

 

  

Three Months Ended

 
  

March 31,

 

(shares in thousands)

 

2024

  

2023

 
         

Basic - weighted average shares outstanding

  7,417   7,346 

Dilutive restricted share units

  15   - 

Dilutive stock options

  18   - 

Diluted - weighted average shares outstanding

  7,450   7,346 

Anti-dilutive securities

  201   265