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EARNINGS PER SHARE
9 Months Ended
Sep. 30, 2020
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, 2020 and 2019:
Three Months Ended September 30,Nine Months Ended September 30,
2020201920202019
Net income$4,977 $6,901 $16,404 $12,690 
Weighted average shares outstanding - basic10,941 10,949 10,939 10,159 
Dilutive effect of share-based compensation84 145 88 159 
Weighted average shares outstanding - diluted11,025 11,094 11,027 10,318 
Per share information:
Basic earnings per share$0.45 $0.63 $1.50 $1.25 
Diluted earnings per share0.45 0.62 1.49 1.23 
Average outstanding stock options totaling 6,110 and 7,882 for the three months ended September 30, 2020 and 2019, respectively, and of 21,479 and 28,699 for the nine months ended September 30, 2020 and 2019, respectively, 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.