Net Income per Share (Tables)

12 Months Ended

Dec. 31, 2019

Earnings Per Share [Abstract]

Reconciliation of Calculation of Basic and Diluted Income Per Share

The following is a reconciliation of the calculation of basic and diluted net income per share for the past three years: 

	For the years ended December 31,
(In thousands, except per share amounts)	2019		2018		2017
Net income	$	23,653	$	21,919	$	12,893
Weighted average common shares outstanding - Basic	10,845		10,726		10,558
Plus: Potential dilutive common stock equivalents	184		190		191
Weighted average common shares outstanding - Diluted	11,029		10,916		10,749
Net income per common share - Basic	$	2.18	$	2.04	$	1.22
Net income per common share - Diluted	2.14		2.01		1.20
Stock options and common stock excluded from the income per share calculation as their effect would have been anti-dilutive	243		109		71