XML 109 R56.htm IDEA: XBRL DOCUMENT v3.20.1
EARNINGS PER SHARE (Tables)
 12 Months Ended
Dec. 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 (in thousands except per share amounts) as of December 31:

 

 

 

2019

 

 

2018

 

 

2017

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings  (basic)

 

$

26,279

 

 

$

20,596

 

 

$

14,439

 

Net earnings (diluted)

 

$

26,279

 

 

$

20,596

 

 

$

14,439

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares outstanding (basic)

 

 

11,638,897

 

 

 

11,562,826

 

 

 

10,230,840

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

Common stock equivalent shares from stock options

 

 

66,202

 

 

 

90,940

 

 

 

82,529

 

Weighted-average shares outstanding (diluted)

 

 

11,705,099

 

 

 

11,653,766

 

 

 

10,313,369

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings per share

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

2.26

 

 

$

1.78

 

 

$

1.41

 

Diluted

 

$

2.25

 

 

$

1.77

 

 

$

1.40