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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2020
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

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