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Computation of Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Calculation of Basic and Diluted Earnings Per Share

The calculation of basic and diluted earnings per share for the three and six months ended June 30, 2020 and 2019 was as follows:

 

 

 

Three Months Ended June 30

 

 

Six Months Ended June 30

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

10,481

 

 

$

7,904

 

 

$

14,179

 

 

$

9,728

 

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Determination of shares

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 

4,966

 

 

 

5,049

 

 

 

4,987

 

 

 

5,047

 

Dilutive effect - share-based awards

 

 

7

 

 

 

9

 

 

 

7

 

 

 

9

 

Diluted weighted-average common shares outstanding

 

 

4,973

 

 

 

5,058

 

 

 

4,994

 

 

 

5,056

 

Earnings per common share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

2.11

 

 

$

1.57

 

 

$

2.84

 

 

$

1.93

 

Diluted

 

$

2.11

 

 

$

1.56

 

 

$

2.84

 

 

$

1.92