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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share

The following schedule reconciles the computation of basic and diluted earnings per share for the periods indicated:

 

 

 

Year Ended December 31,

 

In thousands, except per share amounts

 

2020

 

 

2019

 

 

2018

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

26,730

 

 

$

44,732

 

 

$

35,345

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares outstanding for basic earnings per share

 

 

10,930

 

 

 

11,401

 

 

 

11,655

 

Effect of dilutive securities

 

 

215

 

 

 

372

 

 

 

423

 

Weighted-average shares adjusted for dilutive securities

 

 

11,145

 

 

 

11,773

 

 

 

12,078

 

Earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

2.45

 

 

$

3.92

 

 

$

3.03

 

Diluted

 

$

2.40

 

 

$

3.80

 

 

$

2.93