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SIGNIFICANT ACCOUNTING POLICIES (Tables)
9 Months Ended
Sep. 30, 2019
Accounting Policies [Abstract]  
Schedule of computation and reconciliation of earnings per common share
For the periods presented, diluted EPS using the treasury stock method was less dilutive than the two-class method; as such, only the two-class method has been included below.

 
Three months ended September 30,
 
Nine months ended September 30,
 
2019
 
2018
 
2019
 
2018
Net income as reported
$
6,915

 
$
4,910

 
39,329

 
15,202

Less: Distributed net income available to participating securities
(14
)
 
(7
)
 
(19
)
 
(20
)
Less: Undistributed net income available to participating securities
(39
)
 
(104
)
 
(287
)
 
(323
)
Numerator for basic net income per share:
6,862

 
4,799

 
39,023

 
14,859

Add: Undistributed net income allocated to participating securities
39

 
104

 
287

 
323

Less: Undistributed net income reallocated to participating securities
(39
)
 
(104
)
 
(283
)
 
(323
)
Numerator for diluted net income per share:
6,862

 
4,799

 
39,027


14,859

Denominator:
 
 
 
 
 
 
 
Weighted average shares outstanding for basic net income per share
14,632,276

 
14,571,155

 
14,589,655

 
14,518,765

Effect of dilutive securities
218,890

 

 
210,477

 

Weighted average shares outstanding for diluted net income per share
14,851,166

 
14,571,155

 
14,800,132


14,518,765

Net income per share:
 
 
 
 
 
 
 
Basic
$
0.47

 
$
0.33

 
$
2.67

 
$
1.02

Diluted
$
0.46

 
$
0.33

 
$
2.64

 
$
1.02