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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 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 September 30,

 

Nine months ended September 30,



 

2017

 

2016

 

2017

 

2016

 



 

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

6,686 

 

$

6,065 

 

$

20,415 

 

$

13,722 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares of common stock outstanding

 

 

11,930 

 

 

11,848 

 

 

11,920 

 

 

11,839 

 

Effect of dilutive common stock equivalents

 

 

165 

 

 

100 

 

 

143 

 

 

86 

 

Weighted average shares of common stock outstanding

 

 

12,095 

 

 

11,948 

 

 

12,063 

 

 

11,925 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share - basic

 

$

0.56 

 

$

0.51 

 

$

1.71 

 

$

1.16 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share - diluted

 

$

0.55 

 

$

0.51 

 

$

1.69 

 

$

1.15