Quarterly report pursuant to Section 13 or 15(d)

Earnings per Share (Tables)

v3.20.1
Earnings per Share (Tables)
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Reconciliation of Components Used to Derive Basic and Diluted EPS

The following table is a reconciliation of the components used to derive basic and diluted EPS for the periods indicated:

 

 

 

Three Months Ended March 31,

 

 

 

2020

 

 

2019

 

Basic EPS

 

 

 

 

 

 

 

 

Net income

 

$

2,350

 

 

$

14,672

 

Less: income allocated to unvested restricted stock

 

 

18

 

 

 

79

 

Income allocated to common shares

 

$

2,332

 

 

$

14,593

 

Weighted-average shares for basic EPS

 

 

30,469,022

 

 

 

30,667,378

 

Basic EPS (1)

 

$

0.08

 

 

$

0.48

 

 

 

 

 

 

 

 

 

 

Effect of dilutive securities-options and unvested restricted stock

 

 

3,877

 

 

 

53,394

 

 

 

 

 

 

 

 

 

 

Income allocated to common shares

 

$

2,332

 

 

$

14,593

 

Weighted-average shares for diluted EPS

 

 

30,472,899

 

 

 

30,720,772

 

Diluted EPS (1)

 

$

0.08

 

 

$

0.48