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EARNINGS PER SHARE | 9 Months Ended
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Sep. 30, 2019
EARNINGS PER SHARE |
EARNINGS PER SHARE | (3) EARNINGS PER SHARE Basic earnings per share are computed by dividing net income by the weighted-average number of common shares outstanding during the period. Diluted earnings per share is computed by dividing net income by the weighted-average number of common shares outstanding and the number of dilutive potential common share equivalents during the period, calculated using the treasury-stock method for outstanding stock options. The calculation of basic and diluted earnings per share for the three and nine months ended September 30, 2019 and 2018 are as follows (in thousands, except per share data):
|  | For the Three Months Ended September 30, |  | For the Nine Months Ended September 30,
|  | 2019 |  | 2018 |  | 2019 |  | 2018
Basic earnings per share |  |  |  |  |  |  |  |  |  |  |  |
Net income available to common stockholders |  | $ | 2,033 |  | $ | 2,591 |  | $ | 6,545 |  | $ | 6,930
Basic weighted-average shares outstanding |  |  | 32,490 |  |  | 32,521 |  |  | 32,350 |  |  | 32,580
Basic earnings per share |  | $ | 0.06 |  | $ | 0.08 |  | $ | 0.20 |  | $ | 0.21
Diluted earnings per share |  |  |  |  |  |  |  |  |  |  |  |
Net income available to common stockholders |  | $ | 2,033 |  | $ | 2,591 |  | $ | 6,545 |  | $ | 6,930
Weighted-average shares outstanding |  |  | 32,490 |  |  | 32,521 |  |  | 32,350 |  |  | 32,580
Effect of dilutive securities - options and restricted stock |  |  | 1,586 |  |  | 1,410 |  |  | 1,567 |  |  | 1,591
Diluted weighted-average shares outstanding |  |  | 34,076 |  |  | 33,931 |  |  | 33,917 |  |  | 34,171
Diluted earnings per share |  | $ | 0.06 |  | $ | 0.08 |  | $ | 0.19 |  | $ | 0.20
For both the three and nine months ended September 30, 2019, options to purchase 0.4 million shares of common stock were excluded from the dilutive stock calculation because their effect would have been anti-dilutive. For both the three and nine months ended September 30, 2018, options to purchase 0.3 million shares of common stock were excluded from the dilutive stock calculation because their effect would have been anti-dilutive.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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