Earnings Per Share

6 Months Ended

Jun. 30, 2019

Earnings Per Share [Abstract]

Earnings Per Share

NOTE 4. EARNINGS PER SHARE

Basic earnings per share (“EPS”) is computed as net income divided by the weighted-average number of shares of common stock outstanding for the period. Diluted EPS is computed assuming conversion of all potentially dilutive securities including the dilutive effect of stock options, unvested restricted stock awards and other potentially dilutive securities.  The table below presents the weighted-average number of shares of common stock used to calculate basic and diluted earnings per share:

	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands)	2019		2018		2019		2018
Weighted-average number of shares of common stock for    calculating basic earnings per share		24,246		24,145		24,221		24,106
Effect of potentially dilutive securities from equity-based    compensation		333		439		340		443
Weighted-average number of shares of common stock for    calculating diluted earnings per share		24,579		24,584		24,561		24,549

There were no anti-dilutive securities excluded from the computation of diluted earnings per share in the three and six months ended June 30, 2019 and 2018.