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Earnings Per Share (Tables)
 9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share for the three and nine months ended September 30, 2019 and 2018 (in thousands, except per share data):

 

 

 

Three Months Ended

September 30,

 

 

Nine Months Ended

September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

$

3,461

 

 

$

3,036

 

 

$

10,642

 

 

$

10,320

 

Income from discontinued operations

 

 

251

 

 

 

—

 

 

 

1,445

 

 

 

19,107

 

Net income

 

$

3,712

 

 

$

3,036

 

 

$

12,087

 

 

$

29,427

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares outstanding

 

 

32,376

 

 

 

32,322

 

 

 

32,369

 

 

 

32,244

 

Effect of dilutive shares

 

 

61

 

 

 

93

 

 

 

47

 

 

 

64

 

Weighted-average diluted shares

 

 

32,437

 

 

 

32,415

 

 

 

32,416

 

 

 

32,308

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income per share - basic:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

0.11

 

 

$

0.09

 

 

$

0.33

 

 

$

0.32

 

Discontinued operations

 

 

—

 

 

 

—

 

 

 

0.04

 

 

 

0.59

 

Net income per share - basic

 

$

0.11

 

 

$

0.09

 

 

$

0.37

 

 

$

0.91

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income per share - diluted:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

0.11

 

 

$

0.09

 

 

$

0.33

 

 

$

0.32

 

Discontinued operations

 

 

—

 

 

 

—

 

 

 

0.04

 

 

 

0.59

 

Net income per share - diluted

 

$

0.11

 

 

$

0.09

 

 

$

0.37

 

 

$

0.91