XML 34 R24.htm IDEA: XBRL DOCUMENT v3.7.0.1
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Calculation Methods of Earnings Per Share

Three Months Ended June 30, 2017
 
Three Months Ended June 30, 2016
(In thousands, except share and per share data)
Income
(Numerator)
 
Shares
(Denominator)
 
Per Share
Amount
 
Income
(Numerator)
 
Shares
(Denominator)
 
Per Share
Amount
Shares Outstanding (weighted average)
 
 
4,823,697

 
 
 
 
 
4,590,480

 
 
Shares held by Rabbi Trust
 
 
96,736

 
 
 
 
 

 
 
Shares liability under deferred compensation agreement
 
 
(96,736
)
 
 
 
 
 

 
 
Basic earnings per share:
 
 
 
 
 
 
 
 
 
 
 
Net earnings applicable to common stockholders
$
1,204

 
4,823,697

 
$
0.25

 
$
1,109

 
4,590,480

 
$
0.24

Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
Unvested stock awards

 
44,837

 
 
 

 
26,561

 
 
Diluted earnings per share:
 
 
 
 
 
 
 
 
 
 
 
Net income applicable to common stockholders and assumed conversions
$
1,204

 
4,868,534

 
$
0.25

 
$
1,109

 
4,617,041

 
$
0.24

 
 
 
 
 
 
 
 
 
 
 
 
 
Six Months Ended June 30, 2017
 
Six Months Ended June 30, 2016
(In thousands, except share and per share data)
Income
(Numerator)
 
Shares
(Denominator)
 
Per Share
Amount
 
Income
(Numerator)
 
Shares
(Denominator)
 
Per Share
Amount
Shares Outstanding (weighted average)
 
 
4,755,018

 
 
 
 
 
4,584,536

 
 
Shares held by Rabbi Trust
 
 
96,736

 
 
 
 
 

 
 
Shares liability under deferred compensation agreement
 
 
(96,736
)
 
 
 
 
 

 
 
Basic earnings per share:
 
 
 
 
 
 
 
 
 
 
 
Net earnings applicable to common stockholders
$
3,215

 
4,755,018

 
$
0.68

 
$
2,683

 
4,584,536

 
$
0.59

Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
Unvested stock awards

 
39,651

 
 
 

 
25,640

 
 
Diluted earnings per share:
 
 
 
 
 
 
 
 
 
 
 
Net income applicable to common stockholders and assumed conversions
$
3,215

 
4,794,669

 
$
0.67

 
$
2,683

 
4,610,176

 
$
0.58