XML 20 R9.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Note 3 - Earnings Per Share
 6 Months Ended
Jun. 30, 2024
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, 2024 and 2023, as follows: 

 

  

Three Months Ended

  

Six Months Ended

 
  

June 30,

  

June 30,

 
  

2024

  

2023

  

2024

  

2023

 

Basic earnings per share calculation:

                

Net income

 $482  $1,415  $1,992  $2,184 

Weighted average number of common shares outstanding

  21,783,219   21,091,496   21,688,941   20,980,880 

Basic net income per share

 $0.02  $0.07  $0.09  $0.10 

Diluted earnings per share calculation:

                

Net income

 $482  $1,415  $1,992  $2,184 

Weighted average number of common shares outstanding

  21,783,219   21,091,496   21,688,941   20,980,880 

Common stock equivalents:

                

Non-vested stock awards

  219,859   317,031   215,515   409,351 

Weighted average number of common shares outstanding

  22,003,078   21,408,527   21,904,456   21,390,231 

Diluted net income per share

 $0.02  $0.07  $0.09  $0.10