NOTE 19 - NET INCOME PER COMMON SHARE
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Year ended December 31, |
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2017 |
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2016 |
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2015 |
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(thousands of dollars) |
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Net income |
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$ |
18,009 |
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|
$ |
19,428 |
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$ |
18,598 |
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Basic earnings per common share: |
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Weighted average shares outstanding |
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24,294 |
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24,284 |
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24,370 |
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Per share amount (dollars) |
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$ |
0.74 |
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$ |
0.80 |
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$ |
0.76 |
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Diluted earnings per common share: |
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Weighted average shares outstanding |
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25,129 |
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24,982 |
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25,181 |
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Per share amount (dollars) |
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$ |
0.72 |
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$ |
0.78 |
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$ |
0.74 |
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Weighted average shares-denominator
basic computation
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|
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24,294 |
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24,284 |
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24,370 |
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Unvested restricted stock unit grant |
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|
367 |
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|
310 |
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|
141 |
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Effect of dilutive stock options |
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|
468 |
|
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|
388 |
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|
670 |
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Weighted average shares, as adjusted
denominator diluted computation
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25,129 |
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24,982 |
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25,181 |
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At December 31, 2017, 2016, and 2015, 1,323,587, 1,348,437 and 1,376,437 potential common stock shares, respectively, were issuable upon the exercise of options and warrants.
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