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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2021
Summary of Significant Accounting Policies  
Schedule of Computation of Basic and Diluted Earnings Per Share

Three Months Ended

 

 

March 31, 

 

 

    

2021

    

2020

    

    

(In thousands, except per share data)

 

Numerator:

 

  

 

  

Net income

$

758

$

1,680

Less: Income allocated to unvested participating securities

 

8

 

37

Net income available to common stockholders

$

750

$

1,643

Denominator:

 

 

Denominator for basic earnings per share — weighted average shares

 

5,913

 

5,866

Effect of dilutive securities:

 

 

Common stock equivalents

 

 

Denominator for diluted earnings per share — adjusted weighted-average shares and assumed conversions

 

5,913

 

5,866

Earnings per share:

 

 

Basic

$

0.13

$

0.28

Diluted

$

0.13

$

0.28