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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2018
Earnings Per Share  
Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30,

 

Nine Months Ended September 30,

 

 

    

2018

    

2017

    

2018

    

2017

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

13,766

 

$

13,117

 

$

43,292

 

$

34,134

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator for basic earnings per share

 

 

26,716

 

 

26,802

 

 

26,745

 

 

26,754

 

Dilutive effect of employee stock awards

 

 

186

 

 

97

 

 

138

 

 

132

 

Denominator for diluted earnings per share

 

 

26,902

 

 

26,899

 

 

26,883

 

 

26,886

 

Earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.52

 

$

0.49

 

$

1.62

 

$

1.28

 

Diluted

 

$

0.51

 

$

0.49

 

$

1.61

 

$

1.27