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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2019
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Schedule of Earnings Per Common Share

 

 

 

 

 

 

 

 

 

 

 

 

YEAR ENDED DECEMBER 31, 

 

    

2019

    

2018

    

2017

 

 

(IN THOUSANDS, EXCEPT PER SHARE DATA)

Numerator:

 

 

 

 

 

 

 

 

 

Net income

 

$

6,028

 

$

7,768

 

$

3,293

Denominator:

 

 

  

 

 

  

 

 

  

Weighted average common shares outstanding (basic)

 

 

17,359

 

 

17,933

 

 

18,498

Effect of stock options

 

 

81

 

 

104

 

 

102

Weighted average common shares outstanding (diluted)

 

 

17,440

 

 

18,037

 

 

18,600

Earnings per common share:

 

 

  

 

 

  

 

 

  

Basic

 

$

0.35

 

$

0.43

 

$

0.18

Diluted

 

 

0.35

 

 

0.43

 

 

0.18