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Computation of Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2021
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 nine-month periods ended September 30, 2021 and 2020 was as follows:

 

 

 

Three Months Ended September 30

 

 

Nine Months Ended September 30

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

10,708

 

 

$

12,954

 

 

$

26,755

 

 

$

27,133

 

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

Determination of shares

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 

4,900

 

 

 

4,917

 

 

 

4,909

 

 

 

4,963

 

Dilutive effect - share-based awards

 

 

75

 

 

 

94

 

 

 

41

 

 

 

35

 

Diluted weighted-average common shares outstanding

 

 

4,975

 

 

 

5,011

 

 

 

4,950

 

 

 

4,998

 

Earnings per common share

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

2.19

 

 

$

2.63

 

 

$

5.45

 

 

$

5.47

 

Diluted

 

$

2.15

 

 

$

2.59

 

 

$

5.40

 

 

$

5.43