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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2017
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
 
 
 
March 31,
 
 
 
2017
 
2016
 
 
 
(In thousands, except per share
 
 
 
data)
 
Numerator:
 
 
 
 
 
Net income
 
$
1,938
 
$
3,024
 
Less: Net income allocated to unvested participating securities
 
 
33
 
 
56
 
Net income available to common stockholders
 
$
1,905
 
$
2,968
 
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Denominator for basic earnings per share— weighted average shares
 
 
6,002
 
 
5,751
 
Effect of dilutive securities:
 
 
 
 
 
 
 
Stock options
 
 
12
 
 
8
 
Denominator for diluted earnings per share — adjusted weighted-average shares and assumed conversions
 
 
6,014
 
 
5,759
 
Basic earnings per share
 
$
0.32
 
$
0.52
 
Diluted earnings per share
 
$
0.32
 
$
0.52