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Earnings and Dividends per Share (Tables)
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Number of Shares Outstanding for Calculation of Earnings Per Share

The computational components of basic and diluted earnings per share for the three-month and six-month periods ended June 30, 2019 and 2018 are below.

 

 

For the three-month period ended June 30,

 

 

 

2019

 

 

2018

 

(table only in thousands)

Numerator (for basic and diluted earnings (loss) per share)

 

 

 

 

 

 

 

 

Net income (loss)

 

$

5,515

 

 

$

(901

)

 

 

 

 

 

 

 

 

 

Denominator

 

 

 

 

 

 

 

 

Basic weighted-average shares outstanding

 

 

34,924

 

 

 

34,670

 

Common stock equivalents arising from stock options and restricted stock awards

 

 

659

 

 

 

 

Diluted weighted-average shares outstanding

 

 

35,583

 

 

 

34,670

 

 

 

 

For the six-month period ended June 30,

 

 

 

2019

 

 

2018

 

(table only in thousands)

Numerator (for basic and diluted earnings per share)

 

 

 

 

 

 

 

 

Net income

 

$

7,379

 

 

$

4,862

 

 

 

 

 

 

 

 

 

 

Denominator

 

 

 

 

 

 

 

 

Basic weighted-average shares outstanding

 

 

34,880

 

 

 

34,632

 

Common stock equivalents arising from stock options and restricted stock awards

 

 

592

 

 

 

83

 

Diluted weighted-average shares outstanding

 

 

35,472

 

 

 

34,715