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Note 3 - Earnings Per Share | 6 Months Ended
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Jun. 30, 2021
Notes to Financial Statements |
Earnings Per Share [Text Block] | NOTE 3 — EARNINGS PER SHARE The following table presents a reconciliation of basic and diluted earnings per share for the three and six months ended June 30, 2021 and 2020, as follows:
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 30, |  |  | June 30, |
|  | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
Basic earnings per share calculation: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 10,252 |  |  | $ | 529 |  |  | $ | 9,042 |  |  | $ | 1,482 |
Weighted average number of common shares outstanding |  |  | 18,760,910 |  |  |  | 16,760,702 |  |  |  | 17,973,896 |  |  |  | 16,678,469 |
Basic net income per share |  | $ | 0.55 |  |  | $ | 0.03 |  |  | $ | 0.50 |  |  | $ | 0.09 |
Diluted earnings per share calculation: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 10,252 |  |  | $ | 529 |  |  | $ | 9,042 |  |  | $ | 1,482 |
Weighted average number of common shares outstanding |  |  | 18,760,910 |  |  |  | 16,760,702 |  |  |  | 17,973,896 |  |  |  | 16,678,469 |
Common stock equivalents: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Non-vested stock awards |  |  | 639,150 |  |  |  | 363,917 |  |  |  | 889,874 |  |  |  | 255,336 |
Weighted average number of common shares outstanding |  |  | 19,400,060 |  |  |  | 17,124,619 |  |  |  | 18,863,770 |  |  |  | 16,933,805 |
Diluted net income per share |  | $ | 0.53 |  |  | $ | 0.03 |  |  | $ | 0.48 |  |  | $ | 0.09 |
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