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Earnings Per Common Share (Tables)
9 Months Ended
Sep. 30, 2019
Earnings Per Common Share  
Schedule of Earnings Per Common Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended

 

Nine months ended

 

 

September 30, 

 

September 30, 

 

    

2019

 

2018

    

2019

 

2018

 

 

(In thousands, except per share data)

Numerator:

 

 

  

 

 

  

 

 

  

 

 

  

Net income

 

$

1,689

 

$

2,329

 

$

5,359

 

$

5,840

Denominator:

 

 

 

 

 

  

 

 

  

 

 

  

Weighted average common shares outstanding (basic)

 

 

17,278

 

 

17,924

 

 

17,443

 

 

18,013

Effect of stock options

 

 

82

 

 

112

 

 

81

 

 

104

Weighted average common shares outstanding (diluted)

 

 

17,360

 

 

18,036

 

 

17,524

 

 

18,117

Earnings per common share:

 

 

  

 

 

  

 

 

  

 

 

  

Basic

 

$

0.10

 

$

0.13

 

$

0.31

 

$

0.32

Diluted

 

 

0.10

 

 

0.13

 

 

0.31

 

 

0.32