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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Three Months Ended

 

For the Nine Months Ended

 

 

September 30, 

 

September 30, 

(In thousands, except per share data)

 

2019

 

2018

    

2019

    

2018

Net income from continuing operations

 

$

4,214

 

$

4,256

 

$

12,270

 

$

11,910

Net (loss) income from discontinued operations

 

 

(8)

 

 

198

 

 

(86)

 

 

993

Net Income

 

$

4,206

 

$

4,454

 

$

12,184

 

$

12,903

Weighted average shares outstanding - Basic

 

 

12,764

 

 

12,748

 

 

12,771

 

 

12,736

Dilutive effect of common stock equivalents-options

 

 

 5

 

 

13

 

 

 5

 

 

13

Weighted average shares outstanding - Diluted

 

 

12,769

 

 

12,761

 

 

12,776

 

 

12,749

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per common share

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

$

0.33

 

$

0.33

 

$

0.96

 

$

0.93

(Loss) income from discontinued operations

 

 

 —

 

 

0.02

 

 

(0.01)

 

 

0.08

Net income

 

$

0.33

 

$

0.35

 

$

0.95

 

$

1.01

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per common share

 

 

  

 

 

  

 

 

  

 

 

  

Income from continuing operations

 

$

0.33

 

$

0.33

 

$

0.96

 

$

0.93

(Loss) income from discontinued operations

 

 

 —

 

 

0.02

 

 

(0.01)

 

 

0.08

Net income

 

$

0.33

 

$

0.35

 

$

0.95

 

$

1.01