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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Earnings Per Share, Basic and Diluted

The following table sets forth the computation of basic and diluted EPS (in thousands, except per share data):

Three months ended March 31,

2020

2019

Numerator:

Net income

$

18,477

$

20,750

Denominator:

Weighted average shares of common stock outstanding

11,772

11,880

Effect of dilutive common stock equivalents

52

360

Weighted average shares of common stock outstanding

11,824

12,240

Earnings per share - basic

$

1.57

$

1.75

Earnings per share - diluted

$

1.56

$

1.70