Net Income per Share (Tables)

9 Months Ended

Sep. 30, 2020

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 income per share:

	For the three months ended September 30,				For the nine months ended September 30,
(In thousands, except per share amounts)	2020		2019		2020		2019
Net income	$	5,760	$	5,959	$	16,299	$	17,533
Weighted average common shares outstanding - Basic		10,630		10,863		10,768		10,836
Plus: Potential dilutive common stock equivalents		76		173		107		183
Weighted average common shares outstanding - Diluted		10,706		11,036		10,875		11,019
Net income per common share - Basic	$	0.54	$	0.55	$	1.51	$	1.62
Net income per common share - Diluted		0.54		0.54		1.50		1.59
Stock options and common stock excluded from the income per share calculation as their effect would have been anti-dilutive		430		251		413		237