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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2017
EARNINGS PER SHARE  
Schedule of reconciliation of the number of shares (denominator) used in the basic and diluted earnings per share computations

The following is a reconciliation of the number of shares (denominator) used in the basic and diluted earnings per share computations (shares in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended  September 30, 

 

 

2017

 

2016

 

 

 

 

Per Share

 

 

 

Per Share

 

    

Shares

    

Amount

    

Shares

    

Amount

Basic

 

17,616

 

$

0.51

 

17,338

 

$

0.45

Effect of dilutive stock options

 

782

 

 

(0.02)

 

382

 

 

 —

Diluted

 

18,398

 

$

0.49

 

17,720

 

$

0.45

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine months ended September 30, 

 

 

2017

 

2016

 

 

 

 

Per Share

 

 

 

Per Share

 

    

Shares

    

Amount

    

Shares

    

Amount

Basic

 

17,541

 

$

1.20

 

17,270

 

$

1.05

Effect of dilutive stock options

 

671

 

 

(0.04)

 

333

 

 

(0.02)

Diluted

 

18,212

 

$

1.16

 

17,603

 

$

1.03