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Earnings Per Share
 3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Earnings Per Share

Earnings Per Share:

The computation of basic and diluted earnings per share is shown in the following table:

 

 

Three Months Ended March 31,

 

 

2017

 

 

2016

 

Basic EPS

 

 

 

 

 

 

 

Net income (In thousands)

$

5,783

 

 

$

4,798

 

Weighted average shares outstanding

 

27,278,314

 

 

 

27,047,168

 

Basic earnings per share

$

0.21

 

 

$

0.18

 

 

 

 

 

 

 

 

 

Diluted EPS

 

 

 

 

 

 

 

Net income (In thousands)

$

5,783

 

 

$

4,798

 

Weighted average shares outstanding for basic earnings per share

 

27,278,314

 

 

 

27,047,168

 

Dilutive effect of restricted stock awards

 

62,668

 

 

 

10,670

 

Weighted average shares for diluted earnings per share

 

27,340,982

 

 

 

27,057,838

 

Diluted earnings per share

$

0.21

 

 

$

0.18

 

 

There were no restricted stock awards that were considered anti-dilutive for the three month periods ended March 31, 2017 and 2016.