v3.26.3
Note 10 - Earnings Per Share
 6 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Earnings Per Share [Text Block]

10. Earnings Per Share

 

Basic and diluted earnings per common share attributable to controlling shareholders are computed as follows:

 

    For the six months ended June 30,  
   

2025

    

2026

  
                 

Net income attributable to controlling shareholders

     66,776,511       65,735,671  

Weighted average common shares – outstanding, basic

     6,935,298       6,962,481  

Basic earnings per share attributable to controlling shareholders

     9.63       9.44  
                 

Effect of dilutive securities:

                

Dilutive effect of unvested shares

     23,100       38,938  

Weighted average common shares – outstanding, diluted

     6,958,398       7,001,419  

Diluted earnings per share attributable to controlling shareholders

     9.60       9.39  

 

For the six-month periods ended June 30, 2025 and 2026, the denominator of the diluted earnings per share calculation includes 23,100 and 38,938 common shares, respectively, being the number of incremental shares assumed issued under the treasury stock method.