v3.26.1
Note 18 - Net Income Per Share
3 Months Ended
Mar. 31, 2026
Notes to Financial Statements  
Earnings Per Share [Text Block]

(18)

Net Income Per Share

 

The following table reflects net income (numerator) and average shares outstanding (denominator) for basic and diluted net income per share computations:

 

   

Three months ended

 
   

March 31,

 

(in thousands, except per share data)

 

2026

   

2025

 

Net income

  $ 36,595     $ 33,271  
                 

Weighted average shares outstanding - basic

    29,387       29,349  

Dilutive securities

    115       152  

Weighted average shares outstanding- diluted

    29,502       29,501  
                 

Net income per share - basic

  $ 1.25     $ 1.13  

Net income per share - diluted

    1.24       1.13  

 

Certain SARs that were excluded from the EPS calculation because their impact was antidilutive were as follows:

 

   

Three months ended

 

(shares in thousands)

 

March 31,

 
   

2026

   

2025

 

Antidilutive SARs

    71       14