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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2016
Accounting Policies [Abstract]  
Computation of basic and diluted earnings per share
The following table sets forth the computation of basic and diluted earnings per share:
 
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
 
2016
 
2015
 
2016
 
2015
 
 
 
(In thousands, except per share data)
 
Numerator:
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income
 
$
4,811
 
$
4,474
 
$
7,835
 
$
6,605
 
Less: Net income allocated to unvested participating securities
 
 
89
 
 
68
 
 
145
 
 
100
 
Net income available to common stockholders
 
$
4,722
 
$
4,406
 
$
7,690
 
$
6,505
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
 
 
 
 
 
 
Denominator for basic earnings per share — weighted average shares
 
 
5,754
 
 
5,712
 
 
5,752
 
 
5,711
 
Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
 
 
Common stock equivalents
 
 
9
 
 
45
 
 
9
 
 
48
 
Denominator for diluted earnings per share — adjusted weighted-average shares and assumed conversions
 
 
5,763
 
 
5,757
 
 
5,761
 
 
5,759
 
Basic earnings per share:
 
$
.82
 
$
.77
 
$
1.34
 
$
1.14
 
Diluted earnings per share:
 
$
.82
 
$
.77
 
$
1.33
 
$
1.13