Net Income per Share

12 Months Ended

Dec. 31, 2016

Earnings Per Share [Abstract]

Net Income per Share

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)	2016		2015
Net income	$	13,209	$	9,557
Weighted average common shares outstanding - Basic	9,416		9,267
Plus: Potential dilutive common stock equivalents	156		115
Weighted average common shares outstanding - Diluted	9,572		9,382
Net income per common share - Basic	1.40		1.03
Net income per common share - Diluted	1.38		1.02
Stock options and common stock excluded from the income per share calculation as their effect would have been anti-dilutive	73		89

All share information has been adjusted for the 10% stock dividend paid September 30, 2016.