BASIC EARNINGS PER SHARE

Net income

$

6,348

$

5,647

$

13,612

$

12,329

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

30,019

28,848

29,682

28,681

Weighted average vested restricted stock units outstanding

61

72

52

81

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

1,077

1,010

1,069

999

Weighted average shares outstanding

31,157

29,930

30,803

29,761

Basic earnings per common share

$

0.20

$

0.19

$

0.44

$

0.41

DILUTED EARNINGS PER SHARE

Net income

$

6,348

$

5,647

$

13,612

$

12,329

Weighted average shares outstanding:

Basic

31,157

29,930

30,803

29,761

Effect of dilutive securities (a):

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

847

946

882

948

Weighted average shares outstanding

32,004

30,876

31,685

30,709

Diluted earnings per common share

$

0.20

$

0.18

$

0.43

$

0.40

Anti-dilutive securities (b)

4

265

2

265