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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Numerator and Denominator for Basic and Diluted Earnings Per Share

Set forth below is a reconciliation of the numerator and denominator for the basic and diluted earnings per share calculations for the periods indicated:

Year ended December 31,

2021

2020

2019

 

Numerator:

Net income

$

155,899

$

90,398

$

32,291

Denominator:

Weighted average number of common shares outstanding – Basic

17,585,604

17,486,054

17,461,421

Dilutive effect of options and restricted stock units outstanding under the Company’s employee compensation plans

172,230

283,802

317,411

Weighted average number of common shares outstanding – Diluted

17,757,834

17,769,856

17,778,832