v3.26.3
Note 12 - Earnings Per Share
9 Months Ended
Sep. 30, 2026
Notes to Financial Statements  
Earnings Per Share [Text Block]

Earnings Per Share:

 

The computation of basic and diluted earnings per share is shown in the following table:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Basic EPS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (In thousands of dollars)

 

$14,535

 

 

$12,461

 

 

$53,834

 

 

$39,949

 

Weighted average shares outstanding

 

 

59,017,546

 

 

 

37,467,634

 

 

 

54,277,623

 

 

 

37,430,415

 

Basic earnings per share

 

$0.25

 

 

$0.33

 

 

$0.99

 

 

$1.07

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted EPS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (In thousands of dollars)

 

$14,535

 

 

$12,461

 

 

$53,834

 

 

$39,949

 

Weighted average shares outstanding for basic earnings per share

 

 

59,017,546

 

 

 

37,467,634

 

 

 

54,277,623

 

 

 

37,430,415

 

Dilutive effect of restricted stock awards

 

 

283,597

 

 

 

209,490

 

 

 

208,933

 

 

 

195,684

 

Weighted average shares for diluted earnings per share

 

 

59,301,143

 

 

 

37,677,124

 

 

 

54,486,556

 

 

 

37,626,099

 

Diluted earnings per share

 

$0.25

 

 

$0.33

 

 

$0.99

 

 

$1.06

 

 

There were 0 and 180,000 restricted stock awards that were considered anti-dilutive for the three and nine months ended September 30, 2026, respectively. There were 0 and 125,698 restricted stock awards that were considered anti-dilutive for the three and nine months ended September 30, 2025, respectively.