BASIC EARNINGS PER SHARE

Net income

$

5,647

$

5,906

$

12,329

$

13,934

Weighted average shares outstanding during the period, net of treasury shares

28,848

27,979

28,681

27,858

Weighted average vested restricted stock units outstanding

72

76

81

78

Weighted average shares outstanding in the Deferred Compensation Plan during the period

1,010

969

999

954

Weighted average shares outstanding

29,930

29,024

29,761

28,890

Basic earnings per common share

$

0.19

$

0.20

$

0.41

$

0.48

DILUTED EARNINGS PER SHARE

Net income

$

5,647

$

5,906

$

12,329

$

13,934

Weighted average shares outstanding:

Basic

29,930

29,024

29,761

28,890

Effect of dilutive securities (a):

Impact of common shares to be issued under stock option plans, and contingently issuable shares, if any

946

1,019

948

1,059

Weighted average shares outstanding

30,876

30,043

30,709

29,949

Diluted earnings per common share

$

0.18

$

0.20

$

0.40

$

0.47

Anti-dilutive securities (b)

265

-

265

-