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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
Reconciliation of the Weighted Average Number of Common Shares Outstanding

A reconciliation of the weighted average number of common shares outstanding (in thousands) for the years ended December 31 is as follows:

 

 

2018

 

 

2017

 

Common shares outstanding, beginning of the year

 

11,886

 

 

 

11,750

 

Weighted average common shares issued

 

246

 

 

 

102

 

Weighted average number of common shares outstanding

 

12,132

 

 

 

11,852

 

Dilutive effect of stock options

 

449

 

 

 

415

 

Diluted weighted average number of common shares outstanding

 

12,581

 

 

 

12,267

 

Common Stock Equivalents Excluded From the Calculation of Earnings Per Share

Common stock equivalents (in thousands) that have been excluded from the calculation of earnings per share as of December 31 because they would have been anti-dilutive are as follows:

 

 

2018

 

 

2017

 

Stock options

 

252

 

 

 

89