Three months ended
September 30

Nine months ended
September 30

(In thousands)

2017

2016

2017

2016

Net income available for stockholders:

$

4,564

$

4,284

$

15,944

$

13,023

Less: Adjustments for earnings attributable to participating securities

(136

)

(134

)

(498

)

(421

)

Net income used in calculating earnings per share

$

4,428

$

4,150

$

15,446

$

12,602

Weighted average shares outstanding (including participating securities)

34,829

38,355

34,898

38,339

Adjustment for participating securities

(1,056

)

(1,201

)

(1,101

)

(1,263

)

Shares used in calculating basic and diluted earnings per share

33,773

37,154

33,797

37,076