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Earnings Per Common Share (Tables)
6 Months Ended
Jun. 30, 2020
Earnings Per Common Share  
Schedule of Earnings Per Common Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended

 

Six months ended

 

 

June 30, 

 

June 30, 

 

    

2020

    

2019

    

2020

    

2019

 

 

(In thousands, except per share data)

 

 

 

 

 

 

Numerator:

 

 

  

 

 

  

 

 

  

 

 

  

Net income

 

$

1,419

 

$

1,792

 

$

2,828

 

$

3,670

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding (basic)

 

 

17,052

 

 

17,476

 

 

17,047

 

 

17,527

Effect of stock options

 

 

 4

 

 

84

 

 

23

 

 

84

Weighted average common shares outstanding (diluted)

 

 

17,056

 

 

17,560

 

 

17,070

 

 

17,611

Earnings per common share:

 

 

  

 

 

  

 

 

  

 

 

  

Basic

 

$

0.08

 

$

0.10

 

$

0.17

 

$

0.21

Diluted

 

 

0.08

 

 

0.10

 

 

0.17

 

 

0.21