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Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2019

EARNINGS PER SHARE

Computations of Basic and Diluted Earnings Per Share



	Years Ended December 31,
	2019			2018
	(In Thousands, Except Per Share Data)

Numerator, net income	$	14,215		$	13,651

Denominator:
Weighted average shares outstanding		6,295			6,263
Less:  Weighted average unvested restricted shares		(35)			(31)
Denominator:  Basic earnings per share		6,260			6,232

Weighted average shares outstanding, basic		6,260			6,232
Add:  Dilutive effect of stock options and restricted stock		72			58
Denominator:  Diluted earnings per share		6,332			6,290

Basic earnings per common share	$	2.27		$	2.19

Diluted earnings per common share	$	2.25		$	2.17



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- References

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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