Three Months Ended

March 31,

(In thousands, except per share data)

2018

2017

Net income

$

12,073

$

9,171

Dividends paid on and earnings allocated to participating securities

(253

)

(178

)

Income attributable to common stock

$

11,820

$

8,993

Weighted average common shares outstanding, including participating securities

19,834

19,669

Weighted average participating securities

(421

)

(392

)

Weighted average common shares outstanding

19,413

19,277

Basic earnings per common share

$

0.61

$

0.47

Income attributable to common stock

$

11,820

$

8,993

Weighted average common shares outstanding

19,413

19,277

Incremental shares from assumed conversions of options and restricted stock units

25

19

Weighted average common and equivalent shares outstanding

19,438

19,296

Diluted earnings per common share

$

0.61

$

0.47