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Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share

The computation of basic and diluted earnings per share is shown in the following table:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Basic EPS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (In thousands)

$

5,020

 

 

$

812

 

 

$

9,818

 

 

$

3,023

 

Weighted average shares outstanding

 

27,086,422

 

 

 

19,394,342

 

 

 

27,056,056

 

 

 

18,913,772

 

Basic earnings per share

$

0.19

 

 

$

0.04

 

 

$

0.36

 

 

$

0.16

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted EPS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (In thousands)

$

5,020

 

 

$

812

 

 

$

9,818

 

 

$

3,023

 

Weighted average shares outstanding for basic earnings per share

 

27,086,422

 

 

 

19,394,342

 

 

 

27,056,056

 

 

 

18,913,772

 

Dilutive effect of restricted stock awards

 

18,110

 

 

 

3,524

 

 

 

14,258

 

 

 

2,577

 

Weighted average shares for diluted earnings per share

 

27,104,532

 

 

 

19,397,866

 

 

 

27,070,314

 

 

 

18,916,349

 

Diluted earnings per share

$

0.19

 

 

$

0.04

 

 

$

0.36

 

 

$

0.16