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EARNINGS PER SHARE
 9 Months Ended
Sep. 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 September 30,
 
Nine Months Ended September 30,
(In thousands, except per share and share data)
 
2017
 
2016
 
2017
 
2016
Net income
 
$
8,617

 
$
3,632

 
$
19,386

 
$
12,349

 
 
 
 
 
 
 
 
 
Average number of basic common shares outstanding
 
15,420,499

 
9,063,576

 
15,098,377

 
9,036,548

Plus: dilutive effect of stock options and awards outstanding
 
90,026

 
98,112

 
105,661

 
101,009

Average number of diluted common shares outstanding
 
15,510,525

 
9,161,688

 
15,204,038

 
9,137,557

 
 
 
 
 
 
 
 
 
Anti-dilutive options excluded from earnings calculation
 
—

 
101,826

 
8,247

 
107,535

 
 
 
 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
 
 
 
Basic
 
$
0.56

 
$
0.40

 
$
1.27

 
$
1.37

Diluted
 
$
0.56

 
$
0.40

 
$
1.27

 
$
1.35