For the Three Months Ended

June 30

For the Six Months Ended

June 30

2022

2021

2022

2021

(In thousands, except per share data)

Numerator for net income per share – basic:

$

8,322

$

8,944

$

16,861

$

18,176

Net income

Allocation of distributed and undistributed income to unvested restricted stock shareholders

(4

)

(5

)

(9

)

(10

)

Net income attributable to common shareholders

8,318

8,939

16,852

18,166

Denominator for net income per share – basic:

Weighted average common shares outstanding – basic

25,083

25,426

25,166

25,420

Net income per share – basic

$

0.33

$

0.35

$

0.67

$

0.71

Numerator for net income per share – diluted:

Net income attributable to common shareholders for basic computation

8,318

8,939

16,852

18,166

Denominator for net income per share – diluted:

Weighted average common shares outstanding – basic

25,083

25,426

25,166

25,420

Weighted average effect of dilutive securities – stock options

128

219

134

236

Denominator for diluted earnings per share – adjusted weighted average shares

25,211

25,645

25,300

25,656

Net income per share - diluted

$

0.33

$

0.35

$

0.67

$

0.71