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Net Income per Share
 12 Months Ended
Dec. 31, 2015
Net Income per Share [Abstract]  
Net Income per Share

16.  Net Income per Share

 

The following is a reconciliation of the calculation of basic and diluted net income per share for the past two years:  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the years ended December 31,

(In thousands, except per share amounts)

 

2015

 

2014

Net income

 

$

 9,557 

 

$

 6,408 

Weighted average common shares outstanding - Basic

 

 

 8,425 

 

 

 7,856 

Plus: Potential dilutive common stock equivalents

 

 

 104 

 

 

 89 

Weighted average common shares outstanding - Diluted

 

 

 8,529 

 

 

 7,945 

Net income per common share - Basic

 

$

 1.13 

 

$

 0.82 

Net income per common share - Diluted

 

 

 1.12 

 

 

 0.81 

Stock options and common stock excluded from the income per share calculation as their effect would have been anti-dilutive

 

 

 81 

 

 

 114