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INCOME PER COMMON SHARE (Tables)
12 Months Ended
Dec. 31, 2016
Calculations of Basic and Diluted Income per Common Share

The calculations of basic and diluted income per common share for the years ended December 31, 2016, 2015 and 2014, are as follows:

 

     2016      2015      2014  
     (in thousands - except per share amounts)  

Net income – Basic and Diluted

   $ 15,720      $ 12,278      $ 1,544  

Weighted-average shares outstanding – Basic

     14,174        13,850        13,519  

Effect of dilutive securities:

        

Stock options and restricted stock

     375        416        455  
  

 

 

    

 

 

    

 

 

 

Weighted-average shares outstanding – Diluted

     14,549        14,266        13,974  
  

 

 

    

 

 

    

 

 

 

Basic income per common share

   $ 1.11      $ 0.89      $ 0.11  
  

 

 

    

 

 

    

 

 

 

Diluted income per common share

   $ 1.08      $ 0.86      $ 0.11