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EARNINGS PER SHARE
6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
EARNINGS PER SHARE

Earnings per share have been computed based on the following (average diluted shares outstanding are calculated using the treasury stock method):
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
(In thousands, except per share and share data)
 
2017
 
2016
 
2017
 
2016
Net income
 
$
6,556

 
$
4,311

 
$
10,767

 
$
8,717

 
 
 
 
 
 
 
 
 
Average number of basic common shares outstanding
 
15,393,458

 
9,031,974

 
14,934,850

 
9,022,886

Plus: dilutive effect of stock options and awards outstanding
 
112,800

 
97,478

 
114,467

 
102,165

Average number of diluted common shares outstanding
 
15,506,258

 
9,129,452

 
15,049,317

 
9,125,051

 
 
 
 
 
 
 
 
 
Anti-dilutive options excluded from earnings calculation
 
8,347

 
113,645

 
9,045

 
120,394

 
 
 
 
 
 
 
 
 
Earnings per share:
 
 

 
 

 
 

 
 

Basic
 
$
0.43

 
$
0.48

 
$
0.72

 
$
0.97

Diluted
 
$
0.42

 
$
0.47

 
$
0.72

 
$
0.96