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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Computation of Basic and Diluted 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,

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Basic EPS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (In thousands)

$

8,543

 

 

$

8,073

 

 

$

16,931

 

 

$

15,799

 

Weighted average shares outstanding

 

27,794,821

 

 

 

27,640,921

 

 

 

27,792,438

 

 

 

27,610,061

 

Basic earnings per share

$

0.31

 

 

$

0.29

 

 

$

0.61

 

 

$

0.57

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted EPS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (In thousands)

$

8,543

 

 

$

8,073

 

 

$

16,931

 

 

$

15,799

 

Weighted average shares outstanding for basic earnings per share

 

27,794,821

 

 

 

27,640,921

 

 

 

27,792,438

 

 

 

27,610,061

 

Dilutive effect of restricted stock awards

 

136,379

 

 

 

338,068

 

 

 

157,893

 

 

 

339,159

 

Weighted average shares for diluted earnings per share

 

27,931,200

 

 

 

27,978,989

 

 

 

27,950,331

 

 

 

27,949,220

 

Diluted earnings per share

$

0.31

 

 

$

0.29

 

 

$

0.61

 

 

$

0.57