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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, 2020
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:
| 2020 |  | 2019 |  | 2018
Numerator (in thousands) |  |  |  |  |
Net income | 10,798 |  | 14,727 |  | 18,555
Denominator |  |  |  |  |
Weighted average shares, basic | 3,658 |  | 3,721 |  | 3,730
Dilutive effect of stock options | 14 |  | 18 |  | 18
Diluted shares | 3,672 |  | 3,739 |  | 3,748
Earnings per share, basic | 2.95 |  | 3.96 |  | 4.97
Earnings per share, diluted | 2.94 |  | 3.94 |  | 4.95

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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://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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