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EARNINGS PER SHARE (Tables)
 6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Analysis of Basic and Diluted Earnings Per Share
The following is an analysis of basic and diluted EPS, reflecting the application of the two-class method, as described below:
 
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
(In thousands, except number of shares and per share data)
 
2019
 
2018
 
2019
 
2018
Net income
 
$
13,204

 
$
12,217

 
$
27,477

 
$
25,037

Dividends and undistributed earnings allocated to participating securities(1)
 
(26
)
 
(30
)
 
(54
)
 
(70
)
Net income available to common shareholders
 
$
13,178

 
$
12,187

 
$
27,423

 
$
24,967

Weighted-average common shares outstanding for basic EPS
 
15,519,827

 
15,572,848

 
15,555,770

 
15,557,500

Dilutive effect of stock-based awards(2)
 
39,933

 
56,931

 
39,884

 
57,538

Weighted-average common and potential common shares for diluted EPS
 
15,559,760

 
15,629,779

 
15,595,654

 
15,615,038

Earnings per common share:
 
 

 
 

 
 
 
 
Basic EPS
 
$
0.85

 
$
0.78

 
$
1.76

 
$
1.60

Diluted EPS
 
$
0.85

 
$
0.78

 
$
1.76

 
$
1.60


(1)
Represents dividends paid and undistributed earnings allocated to nonvested stock-based awards that contain non-forfeitable rights to dividends.
(2)
Represents the effect of the assumed exercise of stock options and vesting of restricted shares and restricted stock units utilizing the treasury stock method. Not included are the unvested LTIP awards, which are the Company's performance-based awards.