For the Three Months Ended June 30

For the Six Months Ended June 30

2020

2019

2020

2019

(In thousands, except per share data)

Numerator for net income per share – basic:

$

7,715

$

7,393

$

19,470

$

15,589

Net income

Allocation of distributed and undistributed income to unvested restricted stock shareholders

(15

)

(25

)

(38

)

(53

)

Net income attributable to common shareholders

7,700

7,368

19,432

15,536

Denominator for net income per share – basic:

Weighted average common shares outstanding – basic

25,148

24,789

25,060

24,777

Net income per share – basic

$

0.31

$

0.30

$

0.78

$

0.63

Numerator for net income per share – diluted:

Net income attributable to common shareholders for basic computation

7,700

7,368

19,432

15,536

Denominator for net income per share – diluted:

Weighted average common shares outstanding – basic

25,148

24,789

25,060

24,777

Weighted average effect of dilutive securities – stock options

532

797

642

772

Denominator for diluted earnings per share – adjusted weighted average shares

25,680

25,586

25,702

25,549

Net income per share - diluted

$

0.30

$

0.29

$

0.76

$

0.61