Earnings per Share

6 Months Ended

Jun. 30, 2022

Earnings per Share

Earnings per Share

13. Earnings per Share

Basic and diluted earnings per share is computed by dividing net income by the weighted-average number of common shares outstanding during the period.

The following table sets forth the computation of basic and diluted earnings per share:

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2022		2021		2022		2021
Numerator:
Net income	$	6,151	$	6,232	$	12,153	$	8,642
Denominator:
Basic weighted-average common shares outstanding		11,257,733		11,233,002		11,256,600		11,231,742
Dilutive shares		464,011		529,479		462,236		488,406
Diluted weighted-average common shares outstanding		11,721,744		11,762,481		11,718,836		11,720,148
Basic earnings per share	$	0.55	$	0.55	$	1.08	$	0.77
Diluted earnings per share	$	0.52	$	0.53	$	1.04	$	0.74