Earnings Per Share

9 Months Ended

Sep. 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 September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Basic EPS
Net income (In thousands)	$	10,869	$	9,154	$	30,519	$	26,085
Weighted average shares outstanding		28,182,744		27,688,234		28,293,445		27,757,119
Basic earnings per share	$	0.39	$	0.33	$	1.08	$	0.94
Diluted EPS
Net income (In thousands)	$	10,869	$	9,154	$	30,519	$	26,085
Weighted average shares outstanding for basic earnings per share		28,182,744		27,688,234		28,293,445		27,757,119
Dilutive effect of restricted stock awards		107,778		131,018		127,779		140,496
Weighted average shares for diluted earnings per share		28,290,522		27,819,252		28,421,224		27,897,615
Diluted earnings per share	$	0.38	$	0.33	$	1.07	$	0.94

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