Three months ended September 30,

Nine months ended September 30,

2018

2017

2018

2017

Numerator for basic and diluted earnings per shares

Net Income

$

6,152

$

7,025

$

12,901

$

4,556

Denominator

Denominator for basic earnings per ordinary share - weighted average shares outstanding

37,861,129

36,256,397

36,867,528

36,278,983

Effect of dilutive securities and stock dividend

475,509

Denominator for diluted earnings per ordinary share - weighted average shares outstanding

38,336,638

36,731,906

37,343,037

36,754,492

Basic earnings per ordinary share

$

0.16

$

0.19

$

0.35

$

0.13

Diluted earnings per ordinary share

$

0.16

$

0.19

$

0.35

$

0.12