Year ended December 31, (in thousands, except per share data):

2022

2021

Numerator:

Net Income

$

13,881

$

9,039

Denominator:

Weighted-average basic shares outstanding

8,574

8,777

Effect of dilutive securities

25

33

Weighted-average diluted shares

8,599

8,810

Basic earnings per share

$

1.62

$

1.03

Diluted earnings per share

$

1.61

$

1.03