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EARNINGS PER SHARE

9 Months Ended

Sep. 30, 2019

EARNINGS PER SHARE [Abstract}

EARNINGS PER SHARE

11.    EARNINGS PER SHARE



Basic earnings per share (“EPS”) is computed by dividing net income applicable to common shareholders by the weighted average number of common shares outstanding during each period. The diluted earnings per share computation includes common share equivalents, when dilutive.



A reconciliation of the shares used in the basic and diluted income per common share computation for the three and nine months ended September 30, 2019 and 2018 is as follows:






		Three Months Ended				Nine Months Ended
		September 30,				September 30,
(shares in thousands)		2019		2018		2019		2018

Basic - weighted average shares outstanding		7,400		7,418		7,392		7,412
Dilutive restricted share units		2		2		4		1
Dilutive stock options		53		60		47		41
Diluted - weighted average shares outstanding		7,455		7,480		7,443		7,454
Anti-dilutive securities		43		-		75		40

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- References

No definition available.

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- Definition

The entire disclosure for earnings per share.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-URI http://asc.fasb.org/topic&trid=2144383

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