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Earnings Per Share
 6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Earnings Per Share

Earnings Per Share:

The computation of basic and diluted earnings per share is shown in the following table:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Basic EPS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (In thousands)

$

8,073

 

 

$

5,710

 

 

$

15,799

 

 

$

11,493

 

Weighted average shares outstanding

 

27,640,921

 

 

 

27,337,403

 

 

 

27,610,061

 

 

 

27,309,237

 

Basic earnings per share

$

0.29

 

 

$

0.21

 

 

$

0.57

 

 

$

0.42

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted EPS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (In thousands)

$

8,073

 

 

$

5,710

 

 

$

15,799

 

 

$

11,493

 

Weighted average shares outstanding for basic earnings per share

 

27,640,921

 

 

 

27,337,403

 

 

 

27,610,061

 

 

 

27,309,237

 

Dilutive effect of restricted stock awards

 

338,068

 

 

 

57,273

 

 

 

339,159

 

 

 

61,440

 

Weighted average shares for diluted earnings per share

 

27,978,989

 

 

 

27,394,676

 

 

 

27,949,220

 

 

 

27,370,677

 

Diluted earnings per share

$

0.29

 

 

$

0.21

 

 

$

0.57

 

 

$

0.42

 

 

There were no restricted stock awards that were considered anti-dilutive for the three and six month periods ended June 30, 2018 and 2017.