SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

Mar. 31, 2020

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,
	2020		2019
Net income as reported	$	4,155	$	15,170
Less: Distributed net income available to participating securities	(30)		(6)
Less: Undistributed net income available to participating securities	(37)		(312)
Numerator for basic net income per share:	4,088		14,852
Add: Undistributed net income allocated to participating securities	37		312
Less: Undistributed net income reallocated to participating securities	(37)		(311)
Numerator for diluted net income per share:	4,088		14,853
Denominator:
Weighted average shares outstanding for basic net income per share	14,697,164		14,606,052
Effect of dilutive securities	20,672		65,637
Weighted average shares outstanding for diluted net income per share	14,717,836		14,671,689
Net income per share:
Basic	$	0.28	$	1.02
Diluted	$	0.28	$	1.01