Net Income per Common Share (Tables)

9 Months Ended

Sep. 30, 2020

Earnings Per Share [Abstract]

Schedule of net income per common share

The following table provides a reconciliation of the numerator and the denominator of the basic EPS computation with the numerator and the denominator of the diluted EPS computation:

	Three months ended September 30,				Nine months ended September 30,
	2020		2019		2020		2019
Net income (000's, except per share amounts)	$	2,271	$	4,173	$	7,038	$	12,276
Weighted average shares issued	16,977,239		16,953,744		16,975,648		16,950,474
Add: dilutive effect of stock options	23,262		36,418		17,532		31,145
Weighted average shares outstanding adjusted for potential dilution	17,000,501		16,990,162		16,993,180		16,981,619
Basic earnings per share	$	0.13	$	0.25	$	0.41	$	0.72
Diluted earnings per share	$	0.13	$	0.25	$	0.41	$	0.72
Anti-dilutive stock options excluded from earnings per share calculation	75,000		60,000		88,000		60,000