Earnings Per Share
 12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Earnings Per Share
EARNINGS PER SHARE
Basic earnings per share (EPS) is computed by dividing net income by the weighted average number of common shares outstanding for the period. Diluted EPS reflects potential dilution that could occur if securities to issue common stock were exercised or converted into common stock. Diluted EPS includes the dilutive effect of share-based compensation outstanding after application of the treasury stock method.
 
 
Year Ended December 31,
(In thousands, except per share data)
 
2019
 
2018
 
2017
Net Income
 
$
34,716

 
$
35,296

 
$
59,497

 
 
 
 
 
 
 
 Weighted average common shares outstanding
 
11,444

 
11,224

 
11,021

Add: Dilutive impact of stock options
 
47

 
63

 
67

Add: Dilutive impact of restricted stock units
 
121

 
91

 
121

Diluted weighted average common shares outstanding
 
11,612

 
11,378

 
11,209

 
 
 
 
 
 
 
Earnings per share
 
 
 
 
 
 
Basic
 
$
3.03

 
$
3.14

 
$
5.40

Diluted
 
$
2.99

 
$
3.10

 
$
5.31


The table below provides a summary of securities that could potentially dilute basic earnings per share in the future that were not included in the computation of diluted earnings per share because to do so would have been anti-dilutive for the period presented.
 
 
Year Ended December 31,
(In thousands)
 
2019
 
2018
 
2017
Anti-dilutive stock options
 
—

 
3

 
8

Anti-dilutive restricted stock units
 
4

 
—

 
—

Total
 
4

 
3

 
8