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Earnings Per Common Share (Tables)
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted

 

 

 

 

 

 

 

(In thousands, except per share data)

    

2019

    

2018

Net income from continuing operations

 

$

16,284

 

$

15,763

Net (loss) income from discontinued operations

 

 

(86)

 

 

9,234

Net Income

 

$

16,198

 

$

24,997

Weighted average shares outstanding - Basic

 

 

12,725

 

 

12,739

Dilutive effect of common stock equivalents-options

 

 

 5

 

 

12

Dilutive effect of common stock equivalents-restricted stock units

 

 

 —

 

 

 2

Weighted average shares outstanding - Diluted

 

 

12,730

 

 

12,753

 

 

 

 

 

 

 

Basic earnings per common share

 

 

 

 

 

 

Income from continuing operations

 

$

1.28

 

$

1.24

(Loss) income from discontinued operations

 

 

(0.01)

 

 

0.72

Net income

 

$

1.27

 

$

1.96

 

 

 

 

 

 

 

Diluted earnings per common share

 

 

  

 

 

  

Income from continuing operations

 

$

1.28

 

$

1.24

(Loss) income from discontinued operations

 

 

(0.01)

 

 

0.72

Net income

 

$

1.27

 

$

1.96