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EARNINGS PER SHARE (Tables)
 9 Months Ended
Sep. 30, 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 September 30,

 

 

Nine Months Ended September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings  (basic)

 

$

7,530

 

 

$

5,091

 

 

$

18,910

 

 

$

14,084

 

Net earnings (diluted)

 

$

7,530

 

 

$

5,091

 

 

$

18,910

 

 

$

14,084

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares outstanding (basic)

 

 

11,550,335

 

 

 

11,962,654

 

 

 

11,674,298

 

 

 

11,452,968

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common stock equivalent shares from stock options

 

 

62,538

 

 

 

70,780

 

 

 

58,844

 

 

 

100,539

 

Weighted-average shares outstanding (diluted)

 

 

11,612,873

 

 

 

12,033,434

 

 

 

11,733,142

 

 

 

11,553,507

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings per share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.65

 

 

$

0.43

 

 

$

1.62

 

 

$

1.23

 

Diluted

 

$

0.65

 

 

$

0.42

 

 

$

1.62

 

 

$

1.22