v3.25.4
Note 13 - Earnings Per Share
12 Months Ended
Dec. 31, 2025
Notes to Financial Statements  
Earnings Per Share [Text Block]

13. 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 earnings per share computation includes common share equivalents, when dilutive.

 

A reconciliation of the shares used in the basic and diluted income per common share computation for the years ended December 31, as follows:

 

  

Twelve Months Ended

 
  

December 31,

 

(shares in thousands)

 

2025

  

2024

 
         

Basic - weighted average shares outstanding

  7,474   7,437 

Dilutive restricted share units

  44   23 

Dilutive stock options

  12   20 

Diluted - weighted average shares outstanding

  7,530   7,480 

Anti-dilutive securities

  122   120