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Net Income per Share (Tables)
12 Months Ended
Dec. 31, 2018
Net Income per Share [Abstract]  
Computation of Earnings per Share

The following table (in thousands, except per share amounts) sets forth the computation of net income per share:





 

 

 

 

 

 

 

 

 



 

2018

 

2017

 

Numerator:

 

 

 

 

 

 

 

Net income

 

$

7,621 

 

$

33,076 

 

Less earnings allocated to RSUs

 

 

(185)

 

 

(1,028)

 

Net income allocated to common shareholders

 

$

7,436 

 

$

32,048 

 



 

 

 

 

 

 

 



 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

Weighted average number of common shares outstanding

 

 

30,074 

 

 

29,661 

 



 

 

 

 

 

 

 

Net income per share:

 

 

 

 

 

 

 

Basic and diluted

 

$

0.25 

 

$

1.08