EARNINGS PER SHARE

12 Months Ended

Dec. 31, 2019

Earnings Per Share [Abstract]

EARNINGS PER SHARE

EARNINGS PER SHARE

The following table presents earnings per share for the years ended December 31, 2019, 2018 and 2017.

	2019		2018		2017
Net income	$	16,924	$	12,805	$	8,090
Weighted average shares outstanding - basic	10,362		8,360		8,070
Dilutive effect of share-based compensation	152		177		156
Weighted average shares outstanding - diluted	10,514		8,537		8,226
Per share information:
Basic earnings per share	$	1.63	$	1.53	$	1.00
Diluted earnings per share	1.61		1.50		0.98

Average outstanding stock options of approximately 22,000, 21,000 and 42,000, respectively, for the years ended December 31, 2019, 2018 and 2017 were not included in the computation of earnings per share because the effect was antidilutive, as the exercise price exceeded the average market price. The dilutive effect of share-based compensation in each year above relates principally to restricted stock awards.