Net Income per Share (Tables)

6 Months Ended

Jun. 30, 2020

Earnings Per Share [Abstract]

Reconciliation of Calculation of Basic and Diluted Income Per Share

The following is a reconciliation of the calculation of basic and diluted income per share:

	For the three months ended June 30,				For the six months ended June 30,
(In thousands, except per share amounts)	2020		2019		2020		2019
Net income	$	5,171	$	5,834	$	10,539	$	11,574
Weighted average common shares outstanding - Basic		10,792		10,843		10,838		10,822
Plus: Potential dilutive common stock equivalents		96		183		124		189
Weighted average common shares outstanding - Diluted		10,888		11,026		10,962		11,011
Net income per common share - Basic	$	0.48	$	0.54	$	0.97	$	1.07
Net income per common share - Diluted		0.47		0.53		0.96		1.05
Stock options and common stock excluded from the income per share calculation as their effect would have been anti-dilutive		450		251		403		230