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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2019
EARNINGS PER SHARE  
Calculation of Basic and Diluted Earnings (Loss) Per Share

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