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EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2019
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

March 31,

 

 

 

2019

 

 

2018

 

Numerator:

 

 

 

 

 

 

 

 

Net earnings  (basic)

 

$

5,337

 

 

$

4,359

 

Net earnings (diluted)

 

$

5,337

 

 

$

4,359

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

Weighted-average shares outstanding (basic)

 

 

11,815,966

 

 

 

11,058,956

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

Common stock equivalent shares from stock options

 

 

43,492

 

 

 

118,623

 

Weighted-average shares outstanding (diluted)

 

 

11,859,458

 

 

 

11,177,579

 

 

 

 

 

 

 

 

 

 

Net earnings per share

 

 

 

 

 

 

 

 

Basic

 

$

0.45

 

 

$

0.39

 

Diluted

 

$

0.45

 

 

$

0.39