NET INCOME PER SHARE

Basic net income per share has been computed by dividing net income by the basic number of weighted average shares outstanding. Diluted net income per share has been computed by dividing net income by the diluted number of weighted average shares outstanding using the treasury stock method. The share effect is as follows:



	For the Three Months Ended June 30,		For the Six Months Ended June 30,
	2018	2017	2018	2017
Weighted average shares outstanding:
Common shares	19,158,654	19,201,560	19,156,165	19,341,193
Vested restricted stock units	306,909	256,595	295,561	248,400
Basic number of weighted average shares outstanding	19,465,563	19,458,155	19,451,726	19,589,593
Dilutive effect of restricted stock and restricted stock units	6,601	5,366	20,233	26,256
Dilutive number of weighted average shares outstanding	19,472,164	19,463,521	19,471,959	19,615,849

For the three months ended June 30, 2018 and June 30, 2017, there were no shares of restricted stock or restricted stock units that would have been anti-dilutive. For the six months ended June 30, 2018 and June 30, 2017, there were 4,607 and 8,439 shares, respectively, of restricted stock and restricted stock units that were not included in the computation of diluted net income per share because their inclusion would have been anti-dilutive.