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Note 16 - Earnings Per Share: Schedule of Earnings Per Share, Basic and Diluted (Tables) | 12 Months Ended
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Dec. 31, 2019
Tables/Schedules |
Schedule of Earnings Per Share, Basic and Diluted | The following table reconciles the numerator and the denominator used to calculate basic and diluted earnings per share:
(in thousands)
| 2019 |  | 2018 |  | 2017
Numerator |  |  |  |  |
Net income | 14,727 |  | 18,555 |  | 8,505
Denominator |  |  |  |  |
Weighted average shares, basic | 3,721 |  | 3,730 |  | 3,718
Dilutive effect of stock options | 18 |  | 18 |  | 19
Diluted shares | 3,739 |  | 3,748 |  | 3,737
Earnings per share, basic | 3.96 |  | 4.97 |  | 2.29
Earnings per share, diluted | 3.94 |  | 4.95 |  | 2.28

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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