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EARNINGS PER SHARE
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
The following table presents earnings per share for the three and six months ended June 30, 2019 and 2018.
Three Months Ended June 30,Six Months Ended June 30,
(In thousands, except per share information)2019 2018 2019 2018 
Net income$2,687 $4,012 $5,789 $7,637 
Weighted average shares outstanding - basic10,348 8,094 9,757 8,088 
Dilutive effect of share-based compensation166 189 166 187 
Weighted average shares outstanding - diluted10,514 8,283 9,923 8,275 
Per share information:
Basic earnings per share$0.26 $0.50 $0.59 $0.94 
Diluted earnings per share0.26 0.48 0.58 0.92 
Average outstanding stock options of 37,000 and 22,000 for the three months ended June 30, 2019 and 2018, and of 39,000 and 24,000 for the six months ended June 30, 2019 and 2018, were not included in the computation of earnings per share because the effect was antidilutive, due to the exercise price exceeding the average market price. The dilutive effect of share-based compensation in each period above relates principally to restricted stock awards.