Note 9 - Earnings per Share |
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Mar. 31, 2026 | ||||||||||||||||||||||||||||||||||||||||||||||
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| Earnings Per Share [Text Block] |
Note 9 - Earnings per Share
We calculate basic earnings per share by dividing net income or loss available to common stockholders by the weighted average number of common shares outstanding. We do not include the impact of any potentially dilutive common stock equivalents in our basic earnings per share calculations. Diluted earnings per share reflect the potential dilution of securities that could share in our earnings through the conversion of common shares issuable via outstanding stock options and unvested restricted shares, except where their inclusion would be anti-dilutive. Outstanding common stock equivalents at March 31, 2026 and March 31, 2025 totaled approximately 126 thousand and 109 thousand, respectively.
We use the treasury stock method to calculate the diluted common shares outstanding which were as follows:
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