Net Income per Share

9 Months Ended

Sep. 30, 2018

9. Net Income per Share

The computation of basic and diluted net income per share was as follows:


	Three months ended September 30,				Nine months ended September 30,
	2018		2017		2018		2017
	(in thousands, except per share data)				(in thousands, except per share data)
Basic:
Net income available for common stockholders	$	4,314	$	5,042	$	16,918	$	12,893

Weighted average shares outstanding		19,503		19,124		19,369		18,589

Basic earnings per share	$	0.22	$	0.26	$	0.87	$	0.69

Diluted:
Net income available for common stockholders	$	4,314	$	5,042	$	16,918	$	12,893

Weighted-average shares outstanding		19,503		19,124		19,369		18,589
Common stock equivalents, if dilutive		790		1,023		889		1,381

Shares used in computing diluted earnings per common share		20,293		20,147		20,258		19,970

Diluted earnings per share	$	0.21	$	0.25	$	0.84	$	0.65

Shares excluded in computing diluted earnings per share as those shares would be anti-dilutive		212		—		213		1