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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 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 June 30,

Six months ended June 30,

2020

2019

2020

2019

Numerator:

Net income

$

21,935

$

21,383

$

40,412

$

42,133

Denominator:

Weighted average shares of common stock outstanding

11,777

11,861

11,774

11,870

Effect of dilutive common stock equivalents

44

357

48

359

Weighted average shares of common stock outstanding

11,821

12,218

11,822

12,229

Earnings per share - basic

$

1.86

$

1.80

$

3.43

$

3.55

Earnings per share - diluted

$

1.86

$

1.75

$

3.42

$

3.45