BASIC EARNINGS PER SHARE

Net income

$

5,906

$

6,417

$

13,934

$

12,678

Weighted average shares outstanding during the period, net of treasury shares

27,979

27,005

27,858

26,890

Weighted average vested restricted stock units outstanding

76

117

78

81

Weighted average shares outstanding in the Deferred Compensation Plan during the period

969

956

954

903

Weighted average shares outstanding

29,024

28,078

28,890

27,874

Basic earnings per common share

$

0.20

$

0.23

$

0.48

$

0.45

DILUTED EARNINGS PER SHARE

Net income

$

5,906

$

6,417

$

13,934

$

12,678

Weighted average shares outstanding:

Basic

29,024

28,078

28,890

27,874

Effect of dilutive securities (a):

Impact of common shares to be issued under stock option plans, and contingently issuable shares, if any

1,019

1,126

1,059

892

Weighted average shares outstanding

30,043

29,204

29,949

28,766

Diluted earnings per common share

$

0.20

$

0.22

$

0.47

$

0.44

Anti-dilutive securities (b)

-

85

-

452