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Net Income per Share (Tables)
3 Months Ended
Mar. 31, 2016
Net Income per Share [Abstract]  
Reconciliation of Calculation of Basic and Diluted Income Per Share



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

For the three months ended March 31,

 

(In thousands, except per share amounts)

 

2016

 

2015

 

Net income

 

$

4,205 

 

$

1,939 

 

Weighted average common shares outstanding - Basic

 

 

8,459 

 

 

8,417 

 

Plus: Potential dilutive common stock equivalents

 

 

223 

 

 

97 

 

Weighted average common shares outstanding - Diluted

 

 

8,682 

 

 

8,514 

 

Net income per common share - Basic

 

$

0.50 

 

$

0.23 

 

Net income per common share - Diluted

 

 

0.48 

 

 

0.23 

 

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

 

 

185 

 

 

113