For the Three Months Ended

September 30

For the Nine Months Ended

September 30

2021

2020

2021

2020

(In thousands, except per share data)

Numerator for net income per share – basic:

$

9,657

$

9,578

$

27,833

$

29,048

Net income

Allocation of distributed and undistributed income to unvested restricted stock shareholders

(5

)

(17

)

(14

)

(55

)

Net income attributable to common shareholders

9,652

9,561

27,819

28,993

Denominator for net income per share – basic:

Weighted average common shares outstanding – basic

25,427

25,219

25,423

25,113

Net income per share – basic

$

0.38

$

0.38

$

1.09

$

1.15

Numerator for net income per share – diluted:

Net income attributable to common shareholders for basic computation

9,652

9,561

27,819

28,993

Denominator for net income per share – diluted:

Weighted average common shares outstanding – basic

25,427

25,219

25,423

25,113

Weighted average effect of dilutive securities – stock options

223

485

232

588

Denominator for diluted earnings per share – adjusted weighted average shares

25,650

25,704

25,655

25,701

Net income per share - diluted

$

0.38

$

0.37

$

1.08

$

1.13