EARNINGS PER SHARE new

12 Months Ended

Dec. 31, 2018

EARNINGS PER SHARE [Abstract}

EARNINGS PER SHARE

13.    EARNINGS PER SHARE

Basic earnings per share (“EPS”) is computed by dividing net income applicable to common shareholders by the weighted average number of common shares outstanding during each period. The diluted earnings per share computation includes common share equivalents, when dilutive.

A reconciliation of the shares used in the basic and diluted income per common share computation for the years ended December 31, as follows:

(shares in thousands)	2018	2017
Basic - weighted average shares outstanding	7,412	7,428
Dilutive restricted share units	9	19
Dilutive stock options	41	3
Diluted - weighted average shares outstanding	7,462	7,450
Anti-dilutive securities	40	72