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Note 8 - Earnings Per Share | 3 Months Ended
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Mar. 31, 2019
Notes to Financial Statements |
Earnings Per Share [Text Block] | NOTE 8 – Earnings Per Share: Historical basic per share data is based on the weighted average number of shares outstanding. Historical diluted per share data is reconciled by adding to weighted average shares outstanding the dilutive impact of the exercise of outstanding stock options, stock appreciation rights, unvested shares of restricted stock and performance shares.
|  | Three Months Ended March 31, |
|  | 2019 |  |  | 2018 |
Net earnings used in the computation of basic and diluted earnings per share (in thousands) |  | $ | 2,376 |  |  | $ | 2,450 |
Weighted average shares outstanding - basic |  |  | 14,927,341 |  |  |  | 14,821,659 |
Common stock equivalents |  |  | 335,313 |  |  |  | 635,970 |
Weighted average shares outstanding - diluted |  |  | 15,262,654 |  |  |  | 15,457,629 |
Per Share Data: |  |  |  |  |  |  |  |
Basic |  |  |  |  |  |  |  |
Net earnings |  | $ | 0.16 |  |  | $ | 0.17 |
Diluted |  |  |  |  |  |  |  |
Net earnings |  | $ | 0.16 |  |  | $ | 0.16 |
Awards to purchase approximately 341,995 shares of common stock with a weighted average exercise price of $20.99 per share were outstanding during the three -month period ending March 31, 2019, 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. There were no awards to purchase shares of common stock outstanding during the three -month period ending March 31, 2018 excluded from the computation of diluted EPS because the award’s 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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