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Net Income Per Share | 12 Months Ended
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Dec. 31, 2021
Earnings Per Share [Abstract] |
Net Income Per Share | NET INCOME PER SHARE The Company presents basic and diluted earnings per share ("EPS") data for its common stock. Basic EPS is calculated by dividing the net income attributable to stockholders of the Company by the weighted average number of shares of common stock outstanding during the period. Diluted EPS is determined by adjusting the net income attributable to stockholders of the Company and the weighted average number of shares of common stock outstanding during the period for the effects of all dilutive potential common shares, including awards under stock-based compensation arrangements. The Company's unvested restricted stock awards (see Note 9) are considered participating securities under ASC 260, Earnings Per Share, because they entitle holders to non-forfeitable rights to dividends until the awards vest or are forfeited. When a company has a security that qualifies as a "participating security," the Codification requires the use of the two-class method when computing basic EPS. The two-class method is an earnings allocation formula that determines EPS for each class of common stock and participating security according to dividends declared (or accumulated) and participation rights in undistributed earnings. In determining the amount of net income to allocate to common stockholders, income is allocated to both common stock and participating securities based on their respective weighted average shares outstanding for the period, with net income attributable to common stockholders ultimately equaling net income less net income attributable to participating securities. Diluted EPS for the Company's common stock is computed using the more dilutive of the two-class method or the treasury stock method. The following is a calculation of the basic and diluted EPS for the Company's common stock, including a reconciliation between net income and net income attributable to common stockholders for the years ended December 31, 2021, 2020, and 2019:
(In thousands, except for per share data) | 2021 |  | 2020 |  | 2019
Basic EPS |  |  |  |  |
Numerator |  |  |  |  |
Net income | $ | 18,430 |  |  | $ | 14,246 |  |  | $ | 20,468 |
Less: Net income attributable to participating securities | (409) |  |  | (429) |  |  | (764) |
Net income attributable to common stockholders | $ | 18,021 |  |  | $ | 13,817 |  |  | $ | 19,704 |
Denominator |  |  |  |  |
Weighted average shares outstanding used in basic per common share computations | 14,290 |  |  | 14,038 |  |  | 13,778 |
Basic EPS | $ | 1.26 |  |  | $ | 0.98 |  |  | $ | 1.43 |
Diluted EPS |  |  |  |  |
Numerator |  |  |  |  |
Net income attributable to common stockholders for diluted EPS | $ | 18,021 |  |  | $ | 13,817 |  |  | $ | 19,704 |
Denominator |  |  |  |  |
Weighted average shares outstanding used in basic per common share computations | 14,290 |  |  | 14,038 |  |  | 13,778 |
Weighted average effect of dilutive securities: |  |  |  |  |
Performance share awards | 28 |  |  | — |  |  | — |
Weighted average shares outstanding used in diluted per common share computations | 14,318 |  |  | 14,038 |  |  | 13,778 |
Diluted EPS | $ | 1.26 |  |  | $ | 0.98 |  |  | $ | 1.43 |

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
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