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Earnings per Share (Tables)
 3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Earnings Per Share, Basic and Diluted

The following table sets forth the computation of basic and diluted EPS (in thousands, except per share data):





 

 

 

 

 

 

 



 

Three months ended March 31,

 



 

2017

 

2016

 

Numerator:

 

 

 

 

 

 

 

Net income

 

$

 6,145 

 

$

 4,260 

 



 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

Weighted average shares of common stock outstanding

 

 

 11,901 

 

 

 11,862 

 

Effect of dilutive common stock equivalents

 

 

 108 

 

 

 60 

 

Weighted average shares of common stock outstanding

 

 

 12,009 

 

 

 11,922 

 



 

 

 

 

 

 

 

Earnings per share - basic

 

$

 0.52 

 

$

 0.36 

 



 

 

 

 

 

 

 

Earnings per share - diluted

 

$

 0.51 

 

$

 0.36