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EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings Per Share
The computations of basic and diluted earnings per share for the Company were as follows for the:
 
    Three Months Ended
June 30,
    Six Months Ended
June 30,
 
    2021     2020     2021     2020  
Numerator:
                               
Net earnings (basic)
  $ 10,432     $ 1,075     $ 21,394     $ 7,353  
   
 
 
   
 
 
   
 
 
   
 
 
 
Net earnings (diluted)
  $ 10,432     $ 1,075     $ 21,394     $ 7,353  
   
 
 
   
 
 
   
 
 
   
 
 
 
    
                               
Denominator:
                               
Weighted-average shares outstanding
(basic)*
        12,056,550           12,128,516           12,047,643           12,352,074  
Effect of dilutive securities:
                               
Common stock equivalent shares from stock
options
    195,037             168,311        
   
 
 
   
 
 
   
 
 
   
 
 
 
Weighted-average shares outstanding (diluted)*
    12,251,587       12,128,516       12,215,954       12,352,074  
   
 
 
   
 
 
   
 
 
   
 
 
 
    
                               
Net earnings per share
                               
Basic
  $ 0.87     $ 0.09     $ 1.78     $ 0.59  
   
 
 
   
 
 
   
 
 
   
 
 
 
Diluted
  $ 0.85     $ 0.09     $ 1.75     $ 0.59  
   
 
 
   
 
 
   
 
 
   
 
 
 
* Periods prior to the stock dividend issued during the first quarter of 2021 have been adjusted to give effect to the 10% stock dividend.