Net Income per Share (Tables)

3 Months Ended

Mar. 31, 2022

Net Income per Share

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 March 31,
(In thousands, except per share amounts)	2022		2021
Net income	$	9,108	$	8,496
Weighted average common shares outstanding - Basic		10,446		10,437
Plus: Potential dilutive common stock equivalents		218		128
Weighted average common shares outstanding - Diluted		10,664		10,565
Net income per common share - Basic	$	0.87	$	0.81
Net income per common share - Diluted		0.85		0.80
Stock options and common stock excluded from the income per share calculation as their effect would have been anti-dilutive		—		154