Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v3.19.2
Earnings Per Share
 6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share

Basic earnings per share ("EPS") has been computed by dividing net income by the weighted average number of shares of common stock outstanding during each period. Shares issued during the period are weighted for the portion of the period that they were outstanding. Our calculation of diluted earnings per common share includes the dilutive effects for an assumed vesting of restricted stock awards.
 
 
Three months ended June 30,
 
Six months ended June 30,
 
 
2019
 
2018
 
2019
 
2018
Basic weighted average common shares outstanding
 
10,969,899

 
10,881,106

 
10,945,172

 
10,870,887

Effect of dilutive shares
 
102,846

 
37,821

 
78,513

 
36,890

Diluted weighted average common shares outstanding
 
11,072,745

 
10,918,927

 
11,023,685

 
10,907,777