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Earnings Per Common Share (Tables)
3 Months Ended
Mar. 31, 2020
Earnings Per Common Share  
Schedule of Earnings Per Common Share

 

 

 

 

 

 

 

 

 

Three months ended

 

 

March 31, 

 

    

2020

 

2019

 

 

(In thousands, except per share data)

Numerator:

 

 

  

 

 

  

Net income

 

$

1,409

 

$

1,878

Denominator:

 

 

 

 

 

  

Weighted average common shares outstanding (basic)

 

 

17,043

 

 

17,578

Effect of stock options

 

 

56

 

 

86

Weighted average common shares outstanding (diluted)

 

 

17,099

 

 

17,664

Earnings per common share:

 

 

  

 

 

  

Basic

 

$

0.08

 

$

0.11

Diluted

 

 

0.08

 

 

0.11