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Net Income per Share (Tables)
3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Income per Share

The computation of basic and diluted net income per share was as follows:

 

    Three months ended
March 31,
 
    2017     2016  
    (in thousands, except per share data)  

Basic:

   

Net income available for common stockholders

  $ 3,219     $ 2,166  
 

 

 

   

 

 

 

Weighted average shares outstanding

    18,631       18,336  
 

 

 

   

 

 

 

Basic earnings per share

  $ 0.17     $ 0.12  
 

 

 

   

 

 

 

Diluted:

   

Net income available for common stockholders

  $ 3,219     $ 2,166  
 

 

 

   

 

 

 

Weighted-average shares outstanding

    18,631       18,336  

Common stock equivalents, if dilutive

    1,076       524  
 

 

 

   

 

 

 

Shares used in computing diluted earnings per common share

    19,707       18,860  
 

 

 

   

 

 

 

Diluted earnings per share

  $ 0.16     $ 0.11  
 

 

 

   

 

 

 

Weighted average shares excluded in computing diluted earnings per share as their effect would be anti-dilutive

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