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Earnings Per Share | 6 Months Ended
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Jun. 30, 2019
Earnings Per Share [Abstract] |
Earnings Per Share | Note 3 – Earnings Per Share Basic earnings per share is computed by dividing net income by the weighted-average number of common shares outstanding. Diluted earnings per share is computed by dividing net income by the sum of the weighted-average number of common shares outstanding and the weighted-average number of potential common shares outstanding. There were no anti-dilutive shares in the three and six months ended June 30, 2019 and 2018. The calculations of basic and diluted earnings per share are as follows:
|  | Three Months Ended |  | Six Months Ended
|  | June 30, |  | June 30,
(In thousands except share and per share data) |  | 2019 |  | 2018 |  | 2019 |  | 2018
Basic |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 7,684 |  | $ | 7,509 |  | $ | 15,847 |  | $ | 15,601
Weighted-average common shares outstanding |  |  | 14,434,232 |  |  | 14,687,882 |  |  | 14,444,821 |  |  | 14,683,773
Basic earnings per share |  | $ | .53 |  | $ | .51 |  | $ | 1.10 |  | $ | 1.06
Diluted |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 7,684 |  | $ | 7,509 |  | $ | 15,847 |  | $ | 15,601
Weighted-average common shares outstanding |  |  | 14,434,232 |  |  | 14,687,882 |  |  | 14,444,821 |  |  | 14,683,773
Effect of dilutive restricted stock and stock appreciation rights |  |  | 258,032 |  |  | 246,330 |  |  | 255,613 |  |  | 236,666
Weighted-average common shares outstanding assuming dilution |  |  | 14,692,264 |  |  | 14,934,212 |  |  | 14,700,434 |  |  | 14,920,439
Diluted earnings per share |  | $ | .52 |  | $ | .50 |  | $ | 1.08 |  | $ | 1.05

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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