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Earnings Per Share
6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
The following table sets forth the computation of the basic and diluted earnings per share for the three and six months ended June 30, 2019 and 2020 (in thousands, except per share data):
 
Three months ended June 30,
 
Six months ended June 30,
 
2019

 
2020

 
2019

 
2020

Numerator for basic and diluted earnings per share:
 
 
 
 
 
 
 
Net income
$
4,862

 
$
6,397

 
$
11,387

 
$
2,200

Less: Earnings allocated to unvested restricted stock
(21
)
 
(18
)
 
(52
)
 
(8
)
Income attributable to common stockholders
$
4,841

 
$
6,379

 
$
11,335

 
$
2,192

 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Denominator for basic earnings per common share -
weighted average shares outstanding
17,959

 
17,860

 
18,008

 
17,833

Effect of dilutive securities:
 
 
 
 
 
 
 
Stock options
29

 
29

 
35

 
29

Denominator for diluted earnings per common share - weighted average shares outstanding
17,988

 
17,889

 
18,043

 
17,862

 
 
 
 
 
 
 
 
Basic earnings per common share:
$
0.27

 
$
0.36

 
$
0.63

 
$
0.12

Diluted earnings per common share:
$
0.27

 
$
0.36

 
$
0.63

 
$
0.12


For the three and six months ended June 30, 2019 and 2020, there were no shares that would have been issued upon conversion of our Convertible Notes as a result of the application under the if-converted method prescribed by the FASB ASC 260, Earnings Per Share for the fully diluted weighted average shares outstanding and the corresponding calculation of fully diluted earnings per share.
For the three months ended June 30, 2019 and 2020, there were 1,094,070 and 1,017,383 stock options, respectively and 1,200,404 and 1,025,734 for the six months ended June 30, 2019 and 2020, respectively, excluded from the computation of diluted earnings per share because the inclusion of such stock options would result in an antidilutive effect. For the three and six months ended June 30, 2020, 349,357 performance awards have been excluded from the computation of diluted earnings per share as the performance criteria have not been met.