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INCOME PER COMMON SHARE (Tables)
12 Months Ended
Dec. 31, 2017
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, 2017, 2016 and 2015, are as follows:

 

     2017      2016      2015  
     (in thousands - except per share amounts)  

Net income – Basic and Diluted

   $ 2,154      $ 15,720      $ 12,278  

Weighted-average shares outstanding – Basic

     14,505        14,174        13,850  

Effect of dilutive securities:

        

Stock options and other stock awards

     450        375        416  
  

 

 

    

 

 

    

 

 

 

Weighted-average shares outstanding – Diluted

     14,955        14,549        14,266  
  

 

 

    

 

 

    

 

 

 

Basic income per common share

   $ 0.15      $ 1.11      $ 0.89  
  

 

 

    

 

 

    

 

 

 

Diluted income per common share

   $ 0.14      $ 1.08      $ 0.86