Earnings Per Share

6 Months Ended

Jun. 30, 2020

Earnings Per Share [Abstract]

Earnings Per Share

Note 9. Earnings Per Share

Basic earnings per share (EPS) is computed by dividing net income 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 three and six months ended June 30, 2020 and 2019 (dollars and shares in thousands, except per share data):

			Weighted Average
	Net Income		Shares	Per
	(Numerator)		(Denominator)	Share Amount
For the three months ended June 30, 2020
Basic EPS	$	4,160	22,304	$	0.19
Effect of dilutive stock awards		—	204		(0.01)
Diluted EPS	$	4,160	22,508	$	0.18
For the three months ended June 30, 2019
Basic EPS	$	3,544	22,228	$	0.16
Effect of dilutive stock awards		—	205		—
Diluted EPS	$	3,544	22,433	$	0.16
For the six months ended June 30, 2020
Basic EPS	$	5,575	22,352	$	0.25
Effect of dilutive stock awards		—	198		—
Diluted EPS	$	5,575	22,550	$	0.25
For the six months ended June 30, 2019
Basic EPS	$	7,047	22,185	$	0.32
Effect of dilutive stock awards		—	247		(0.01)
Diluted EPS	$	7,047	22,432	$	0.31

Antidilutive shares issuable under awards or options of 1.2 million and 579,000 were excluded from the computation of diluted earnings per share for the three and six months ended June 30, 2020 and 2019, respectively.