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Note 11 - Earnings Per Share
 3 Months Ended
Mar. 31, 2025
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, 2025 and 2024 is as follows:

 

  

Three Months Ended

 
  

March 31,

 

(shares in thousands)

 

2025

  

2024

 
         

Basic - weighted average shares outstanding

  7,459   7,417 

Dilutive restricted share units

  24   15 

Dilutive stock options

  10   18 

Diluted - weighted average shares outstanding

  7,493   7,450 

Anti-dilutive securities

  152   201