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Earnings per Share
6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Earnings per Share
Earnings per Share

The following table reconciles the numerators and denominators of the basic and diluted earnings per share computation(in thousands, except per share data).

 
Three months ended
 
Six months ended
 
June 30,
 
June 30,
 
2016
 
2015
 
2016
 
2015
Numerator:
 
 
 
 
 
 
 
Net income
$
1,259

 
$
614

 
$
3,800

 
$
4,308

Denominator for basic net income per common share:
 
 
 
 
 
 
 
Weighted average common shares outstanding
12,709

 
12,579

 
12,678

 
12,542

 
 
 
 
 
 
 
 
Denominator for diluted net income per share:
 
 
 
 
 
 
 
Weighted average common shares outstanding
12,709

 
12,579

 
12,678

 
12,542

Dilutive effect of stock options and restricted stock
227

 
251

 
209

 
232

Diluted weighted average shares
12,936

 
12,830

 
12,887

 
12,774

Earnings per common share:
 
 
 
 
 
 
 
Basic
$
0.10

 
$
0.05

 
$
0.30

 
$
0.34

Diluted
$
0.10

 
$
0.05

 
$
0.29

 
$
0.34



In the three and six months ended June 30, 2016, options to purchase 107,500 shares of common stock with exercise prices ranging from $22.90 to $33.36 were not included in the computation of dilutive income per share, due to their antidilutive effect.

In the three months ended June 30, 2015, options to purchase 52,500 shares of common stock with exercise prices ranging from$30.41 to $33.36 were not included in the computation of dilutive income per share, due to their antidilutive effect.

In the six months ended June 30, 2015, options to purchase 107,500 shares of common stock with exercise prices ranging from $22.90 to $33.36 were not included in the computation of dilutive income per share, due to their antidilutive effect.