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EARNINGS PER SHARE (Tables)
 6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share
The following table presents the calculation of earnings per share:
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
(in thousands, except per share and share data)
 
2019
 
2018
 
2019
 
2018
Net income
 
$
6,117

 
$
8,535

 
$
13,398

 
$
16,347

 
 
 
 
 
 
 
 
 
Average number of basic common shares outstanding
 
15,538,282

 
15,482,188

 
15,530,893

 
15,465,357

Plus: dilutive effect of stock options and awards outstanding (1)
 
47,299

 
89,263

 
51,340

 
94,614

Average number of diluted common shares outstanding (1)
 
15,585,581

 
15,571,451

 
15,582,233

 
15,559,971

 
 
 
 
 
 
 
 
 
Anti-dilutive options excluded from earnings calculation
 
—

 
3,173

 
—

 
19,488

 
 
 
 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
 
 
 
Basic
 
$
0.39

 
$
0.55

 
$
0.86

 
$
1.06

Diluted
 
$
0.39

 
$
0.55

 
$
0.86

 
$
1.05


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(1) Average diluted shares outstanding are computed using the treasury stock method.