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EARNINGS PER SHARE
12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
The following table presents earnings per share for the years ended December 31, 2022, 2021 and 2020.
 
202220212020
Net income $22,037 $32,881 $26,463 
Weighted average shares outstanding - basic10,553 10,967 10,942 
Dilutive effect of share-based compensation153 139 92 
Weighted average shares outstanding - diluted10,706 11,106 11,034 
Per share information:
Basic earnings per share$2.09 $3.00 $2.42 
Diluted earnings per share2.06 2.96 2.40 
For the years ended December 31, 2022 and 2021, there were zero average outstanding stock options and restricted award shares to exclude from the computation of earnings per share because the effect was antidilutive, as the exercise price exceeded the average market price. For the year ended December 31, 2020, there were 16,109 average outstanding stock options and restricted award shares excluded from the computation of earnings per share because the effect was antidilutive. The dilutive effect of share-based compensation in each year above relates principally to restricted stock awards.