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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 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 June 30,

 

Six months ended June 30,



 

2018

 

2017

 

2018

 

2017



 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

14,133 

 

$

7,584 

 

$

26,355 

 

$

13,729 



 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares of common stock outstanding

 

 

12,037 

 

 

11,929 

 

 

12,032 

 

 

11,915 

Effect of dilutive common stock equivalents

 

 

137 

 

 

127 

 

 

97 

 

 

129 

Weighted average shares of common stock outstanding

 

 

12,174 

 

 

12,056 

 

 

12,129 

 

 

12,044 



 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share - basic

 

$

1.17 

 

$

0.64 

 

$

2.19 

 

$

1.15 



 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share - diluted

 

$

1.16 

 

$

0.63 

 

$

2.17 

 

$

1.14