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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2018
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,

 



 

2018

 

2017

 



 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

Net income

 

$

12,222 

 

$

6,145 

 



 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

Weighted average shares of common stock outstanding

 

 

12,030 

 

 

11,901 

 

Effect of dilutive common stock equivalents

 

 

109 

 

 

108 

 

Weighted average shares of common stock outstanding

 

 

12,139 

 

 

12,009 

 



 

 

 

 

 

 

 

Earnings per share - basic

 

$

1.02 

 

$

0.52 

 



 

 

 

 

 

 

 

Earnings per share - diluted

 

$

1.01 

 

$

0.51