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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2020
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 months ended March 31, 2020 and 2019 (in thousands, except per share data):

 

 

Three Months Ended

March 31,

 

 

 

2020

 

 

2019

 

Numerator:

 

 

 

 

 

 

 

 

Income from continuing operations

 

$

7,092

 

 

$

4,780

 

Income from discontinued operations

 

 

 

 

 

1,194

 

Net income

 

$

7,092

 

 

$

5,974

 

Denominator:

 

 

 

 

 

 

 

 

Weighted-average shares outstanding

 

 

32,334

 

 

 

32,337

 

Effect of dilutive shares

 

 

23

 

 

 

40

 

Weighted-average diluted shares

 

 

32,357

 

 

 

32,377

 

 

 

 

 

 

 

 

 

 

Net income per share - basic:

 

 

 

 

 

 

 

 

Continuing operations

 

$

0.22

 

 

$

0.15

 

Discontinued operations

 

 

 

 

 

0.03

 

Net income per share - basic

 

$

0.22

 

 

$

0.18

 

 

 

 

 

 

 

 

 

 

Net income per share - diluted:

 

 

 

 

 

 

 

 

Continuing operations

 

$

0.22

 

 

$

0.15

 

Discontinued operations

 

 

 

 

 

0.03

 

Net income per share - diluted

 

$

0.22

 

 

$

0.18