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Earnings Per Share
6 Months Ended
Jun. 30, 2020
Earnings Per Share  
Earnings Per Share

Note 10 – Earnings Per Share

The earnings per share, both basic and diluted, are included below as of June 30:

Three Months Ended June 30, 

Six Months Ended June 30, 

    

2020

    

2019

    

2020

    

2019

    

Basic earnings per share:

Weighted-average common shares outstanding

29,637,567

29,896,231

29,783,665

29,871,081

Net income

$

9,238

$

9,278

$

9,513

$

17,746

Basic earnings per share

$

0.31

$

0.31

$

0.32

$

0.59

Diluted earnings per share:

Weighted-average common shares outstanding

29,637,567

29,896,231

29,783,665

29,871,081

Dilutive effect of unvested restricted awards 1

556,440

493,661

558,641

495,808

Diluted average common shares outstanding

30,194,007

30,389,892

30,342,306

30,366,889

Net Income

$

9,238

$

9,278

$

9,513

$

17,746

Diluted earnings per share

$

0.31

$

0.31

$

0.31

$

0.58

1 Includes the common stock equivalents for restricted share rights that are dilutive.