Earnings Per Share

6 Months Ended

Jun. 30, 2020

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,
	2020		2019		2020		2019
Basic EPS
Net income (In thousands)	$	11,011	$	8,543	$	19,650	$	16,931
Weighted average shares outstanding		28,167,920		27,794,821		28,349,404		27,792,438
Basic earnings per share	$	0.39	$	0.31	$	0.69	$	0.61
Diluted EPS
Net income (In thousands)	$	11,011	$	8,543	$	19,650	$	16,931
Weighted average shares outstanding for basic earnings per share		28,167,920		27,794,821		28,349,404		27,792,438
Dilutive effect of restricted stock awards		111,644		136,379		142,195		157,893
Weighted average shares for diluted earnings per share		28,279,564		27,931,200		28,491,599		27,950,331
Diluted earnings per share	$	0.39	$	0.31	$	0.69	$	0.61

There were no restricted stock awards that were considered anti-dilutive for the three and six month periods ended June 30, 2020 and 2019.