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Earnings Per Share
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Earnings Per Share

Note 14. Earnings Per Share

Basic earnings per share (EPS) is computed by dividing net income or loss by the weighted average number of shares outstanding during the period. Diluted EPS is computed using the weighted average number of shares outstanding during the period, including the effect of all potentially dilutive shares outstanding attributable to stock instruments.  The following table presents basic and diluted EPS for the years ended December 31, 2019 and 2018 (dollars and shares in thousands, except per share data):

 

 

 

 

 

 

 

 

 

 

    

 

 

    

Weighted Average

    

 

 

 

 

Net Income

 

Shares

 

Per

 

 

(Numerator)

 

(Denominator)

 

Share Amount

For the year ended December 31, 2019

 

 

 

 

 

 

 

 

Basic EPS

 

$

15,705

 

22,264

 

$

0.71

Effect of dilutive stock awards

 

 

 —

 

267

 

 

(0.01)

Diluted EPS

 

$

15,705

 

22,531

 

$

0.70

 

 

 

 

 

 

 

 

 

For the year ended December 31, 2018

 

 

  

 

  

 

 

  

Basic EPS

 

$

13,688

 

22,103

 

$

0.62

Effect of dilutive stock awards

 

 

 —

 

466

 

 

(0.01)

Diluted EPS

 

$

13,688

 

22,569

 

$

0.61

 

There were no antidilutive exclusions from the computation of diluted earnings per share for the years ended December 31, 2019 and 2018.