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EARNINGS PER SHARE (Tables) | 3 Months Ended
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Mar. 31, 2020
Earnings Per Share [Abstract] |
Schedule of Basic and Diluted Earnings Per Share | The computations of basic and diluted earnings per share for the Company were as follows for the:
|  | Three Months Ended March 31, |
|  | 2020 |  |  | 2019 |
Numerator: |  |  |  |  |  |  |  |
Net earnings (basic) |  | $ | 6,278 |  |  | $ | 5,337 |
Net earnings (diluted) |  | $ | 6,278 |  |  | $ | 5,337 |
Denominator: |  |  |  |  |  |  |  |
Weighted-average shares outstanding (basic) |  |  | 11,432,391 |  |  |  | 11,815,966 |
Effect of dilutive securities: |  |  |  |  |  |  |  |
Common stock equivalent shares from stock options |  |  | — |  |  |  | 43,492 |
Weighted-average shares outstanding (diluted)(1) |  |  | 11,432,391 |  |  |  | 11,859,458 |
Net earnings per share |  |  |  |  |  |  |  |
Basic |  | $ | 0.55 |  |  | $ | 0.45 |
Diluted |  | $ | 0.55 |  |  | $ | 0.45 |
(1) Outstanding options and the closing price of the Company's stock as of March 31, 2020 had an anti-dilutive effect on the weighted-average common shares outstanding for the quarter ended March 31, 2020; therefore, the effect of their conversion has been excluded from the calculation of the diluted weighted-average common shares outstanding for the period. The diluted EPS has been calculated using the basic weighted-average shares outstanding in order to comply with GAAP.

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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