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Note 13 - Earnings Per Share | 12 Months Ended
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Dec. 31, 2017
Notes to Financial Statements |
Earnings Per Share [Text Block] |
NOTE 13 – Earnings Per Share :
The following table represents a reconciliation of basic and diluted earnings per share :
|  | 201 7 |  |  | 201 6 |  |  | 201 5 |
Net earnings used in the computation of basic an d diluted earnings per share (in thousands ) |  | $ | 15,022 |  |  | $ | 14,638 |  |  | $ | 13,066 |
Weighted average share s outstanding - basi c |  |  | 14,510,156 |  |  |  | 14,082,243 |  |  |  | 13,761,009 |
Common stock equivalent s |  |  | 608,612 |  |  |  | 815,246 |  |  |  | 817,635 |
Total weighted average share s outstanding - diluted |  |  | 15,118,768 |  |  |  | 14,897,489 |  |  |  | 14,578,644 |
Per Share Data : |  |  |  |  |  |  |  |  |  |  |  |
Basi c |  |  |  |  |  |  |  |  |  |  |  |
Net earning s |  | $ | 1.04 |  |  | $ | 1.04 |  |  | $ | 0.95 |
Dilute d |  |  |  |  |  |  |  |  |  |  |  |
Net earning s |  | $ | 0.99 |  |  | $ | 0.98 |  |  | $ | 0.90 |
Awards to purchase an average of 37,450 shares of common stock with a weighted average exercise price of $18.65 per share were outstanding during 2017 but were not included in the computation of diluted EPS because the awards’ exercise prices were greater than the average market price of the common shares. Awards to purchase an average of 124,000 shares of common stock with a weighted average exercise price of $18.53 per share were outstanding during 2016 but were not included in the computation of diluted EPS because the awards’ exercise prices were greater than the average market price of the common shares. Awards to purchase an average of 108,400 shares of common stock with a weighted average exercise price of $17.98 per share were outstanding during 2015 but were not included in the computation of diluted EPS because the awards’ exercise prices were greater than the average market price of the common shares.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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