v3.26.1
Note 11 - Earnings Per Share
6 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Earnings Per Share [Text Block]

11. EARNINGS PER SHARE

 

Basic earnings per share ("EPS") is computed by dividing net income applicable to common shareholders by the weighted average number of common shares outstanding during each period. The diluted EPS computation includes common share equivalents, when dilutive.

 

A reconciliation of the shares used in the basic and diluted income per common share computation is as follows:

 

  

Three Months Ended

  

Six Months Ended

 
  

June 30,

  

June 30,

 

(shares in thousands)

 

2026

  

2025

  

2026

  

2025

 
                 

Basic - weighted average shares outstanding

  7,509   7,461   7,522   7,460 

Dilutive restricted share units

  52   26   50   24 

Dilutive stock options

  37   6   35   9 

Diluted - weighted average shares outstanding

  7,598   7,493   7,607   7,493 

Anti-dilutive securities

  89   179   89   179