Numerator:

Net income

$

8,854

$

9,650

$

5,520

$

5,968

Less distributed and undistributed income allocated to participating securities

122

158

82

93

Net income attributable to common shareholders

8,732

9,492

5,438

5,875

Denominator:

Weighted average common shares (Basic)

18,256

18,036

18,296

18,084

Weighted average common shares including assumed conversions (Diluted)

18,256

18,036

18,296

18,084

Basic net income per share

$

0.48

$

0.53

$

0.30

$

0.33

Diluted net income per share

$

0.48

$

0.53

$

0.30

$

0.33