SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

Mar. 31, 2019

Accounting Policies [Abstract]

Schedule of computation and reconciliation of earnings per common share

For the periods presented, diluted EPS using the treasury stock method was less dilutive than the two-class method; as such, only the two-class method has been included below.

	Three months ended March 31,
	2019			2018
Net income as reported	$	15,170		$	3,920
Less: Distributed net income available to participating securities	(6		)	(8		)
Less: Undistributed net income available to participating securities	(312		)	(94		)
Numerator for basic net income per share:	14,852			3,818
Add: Undistributed net income allocated to participating securities	312			94
Less: Undistributed net income reallocated to participating securities	(311		)	(94		)
Numerator for diluted net income per share:	14,853			3,818
Denominator:
Weighted average shares outstanding for basic net income per share	14,606,052			14,449,915
Effect of dilutive securities	65,637			—
Weighted average shares outstanding for diluted net income per share	14,671,689			14,449,915
Net income per share:
Basic	$	1.02		$	0.26
Diluted	$	1.01		$	0.26