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EARNINGS PER SHARE
9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
The following table presents earnings per share for the three and nine months ended September 30, 2019 and 2018.
Three Months Ended September 30,Nine Months Ended September 30,
(In thousands, except per share information)2019201820192018
Net income$6,901  $4,016  $12,690  $11,653  
Weighted average shares outstanding - basic10,949  8,099  10,159  8,092  
Dilutive effect of share-based compensation145  172  159  182  
Weighted average shares outstanding - diluted11,094  8,271  10,318  8,274  
Per share information:
Basic earnings per share$0.63  $0.50  $1.25  $1.44  
Diluted earnings per share0.62  0.49  1.23  1.41  
Average outstanding stock options and restricted shares totaling 21,000 and 21,000 for the three months ended September 30, 2019 and 2018, and totaling 36,000 and 23,000 for the nine months ended September 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.