v3.26.3
Note 11 - Earnings Per Share
9 Months Ended
Sep. 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

  

Nine Months Ended

 
  

September 30,

  

September 30,

 

(shares in thousands)

 

2026

  

2025

  

2026

  

2025

 
                 

Basic - weighted average shares outstanding

  7,512   7,475   7,519   7,465 

Dilutive restricted share units

  58   54   53   36 

Dilutive stock options

  49   14   39   10 

Diluted - weighted average shares outstanding

  7,619   7,543   7,611   7,511 

Anti-dilutive securities

  38   127   61   147