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EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2020
Earnings Per Share  
Computation of basic and diluted earnings per share

The following table sets forth the computation of basic and diluted earnings per share:

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31 ,

 

 

    

2020

    

2019

 

Numerator:

 

 

 

 

 

 

 

Net income

 

$

14,896

 

$

12,727

 

Denominator:

 

 

 

 

 

 

 

Denominator for basic earnings per share

 

 

26,236

 

 

26,359

 

Dilutive effect of unvested employee stock awards

 

 

185

 

 

166

 

Denominator for diluted earnings per share

 

 

26,421

 

 

26,525

 

Earnings per share:

 

 

 

 

 

 

 

Basic

 

$

0.57

 

$

0.48

 

Diluted

 

$

0.56

 

$

0.48