XML 53 R17.htm IDEA: XBRL DOCUMENT v3.3.0.814
Net Income Per Share
 9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Net Income Per Share
NET INCOME PER SHARE

Basic net income per share has been computed by dividing net income by the basic number of weighted average shares outstanding.  Diluted net income per share has been computed by dividing net income by the diluted number of weighted average shares outstanding using the treasury stock method.  The share effect is as follows:

 
For the Three Months Ended 
 September 30,
 
For the Nine Months Ended 
 September 30,
 
2015
 
2014
 
2015
 
2014
Weighted average shares outstanding:
 
 
 
 
 
 
 
    Common shares
20,414,667

 
21,402,969

 
20,413,238

 
21,978,263

    Vested restricted stock units
532,160

 
485,622

 
525,609

 
772,605

Basic number of weighted average shares outstanding
20,946,827

 
21,888,591

 
20,938,847

 
22,750,868

    Dilutive effect of stock options
—

 
—

 
—

 
4,393

    Dilutive effect of restricted stock and restricted stock units
5,884

 
6,631

 
10,661

 
20,936

Dilutive number of weighted average shares outstanding
20,952,711

 
21,895,222

 
20,949,508

 
22,776,197



For the three and nine months ended September 30, 2015 and 2014, there were no restricted stock or restricted stock units that would have been anti-dilutive.