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Earnings and Dividends per Share (Tables)
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Number of Shares Outstanding for Calculation of Earnings Per Share

The computational components of basic and diluted earnings per share for the three-month periods ended March 31, are below.

 

 

 

2020

 

 

2019

 

(table only in thousands)

Numerator (for basic and diluted earnings per share)

 

 

 

 

 

 

 

 

Net income

 

$

3,412

 

 

$

1,864

 

 

 

 

 

 

 

 

 

 

Denominator

 

 

 

 

 

 

 

 

Basic weighted-average shares outstanding

 

 

35,155

 

 

 

34,836

 

Common stock equivalents arising from stock options and restricted stock awards

 

 

240

 

 

 

524

 

Diluted weighted-average shares outstanding

 

 

35,395

 

 

 

35,360