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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
Earnings per share for the three and nine months ended September 30, 2016 and 2015 are calculated for basic and diluted earnings per share as follows: 
 
 
 
Basic
 
Diluted
 
Basic
 
Diluted
 
 
 
Three Months Ended
 
Three Months Ended
 
Nine Months Ended
 
Nine Months Ended
 
(in thousands, except per share amounts)
 
September 30,
 
September 30,
 
September 30,
 
September 30,
 
 
 
2016
 
2015
 
2016
 
2015
 
2016
 
2015
 
2016
 
2015
 
Net income
 
$
2,543
 
$
4,559
 
$
2,543
 
$
4,559
 
$
5,014
 
$
12,499
 
$
5,014
 
$
12,499
 
Net income allocated to restricted stock
 
 
(17)
 
 
(30)
 
 
(17)
 
 
(30)
 
 
(34)
 
 
(82)
 
 
(34)
 
 
(82)
 
Net income allocated to common shares
 
$
2,526
 
$
4,529
 
$
2,526
 
$
4,529
 
$
4,980
 
$
12,417
 
$
4,980
 
$
12,417
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic Weighted-Average Shares Outstanding
 
 
11,465
 
 
11,384
 
 
11,465
 
 
11,384
 
 
11,421
 
 
11,352
 
 
11,421
 
 
11,352
 
Dilutive effect of stock options and ESPP
 
 
 
 
 
 
 
 
160
 
 
179
 
 
 
 
 
 
 
 
131
 
 
207
 
Diluted Weighted-Average Shares Outstanding
 
 
 
 
 
 
 
 
11,625
 
 
11,563
 
 
 
 
 
 
 
 
11,552
 
 
11,559
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Earnings Per Share
 
$
0.22
 
$
0.40
 
$
0.22
 
$
0.39
 
$
0.44
 
$
1.09
 
$
0.43
 
$
1.07