XML 30 R18.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Earnings Per Share | 9 Months Ended
--- | ---
Sep. 30, 2018
Earnings Per Share [Abstract] |
Earnings Per Share [Text Block] | 13. Earnings Per Share The Company computes earnings per share attributable to its shareholders using the treasury stock method. Under the treasury stock method, basic earnings per share are computed by dividing net income available to shareholders by the weighted average number of common shares outstanding during the period, and diluted earnings per share are computed by dividing net income available to shareholders by the weighted average number of common shares outstanding during the period plus all potentially dilutive common stock equivalents, except in cases where the effect of the common stock equivalent would be anti-dilutive. Net income available to common shareholders and the weighted average number of common shares used to compute basic and diluted earnings per share were as follows:
|  | Three months ended |  |  | Nine months ended |
|  | September 30, |  |  | September 30, |
(In thousands, except per share data) |  | 2018 |  |  | 2017 |  |  | 2018 |  |  | 2017 |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 7,957 |  |  | $ | 5,145 |  |  | $ | 20,436 |  |  | $ | 7,575 |
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted average common shares outstanding |  |  | 16,492 |  |  |  | 16,314 |  |  |  | 16,423 |  |  |  | 16,263 |
Weighted average dilutive securities |  |  | 138 |  |  |  | 160 |  |  |  | 157 |  |  |  | 213 |
Weighted average common shares outstanding, diluted |  |  | 16,630 |  |  |  | 16,474 |  |  |  | 16,580 |  |  |  | 16,476 |
Income per common share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.48 |  |  | $ | 0.32 |  |  | $ | 1.24 |  |  | $ | 0.47 |
Diluted |  | $ | 0.48 |  |  | $ | 0.31 |  |  | $ | 1.23 |  |  | $ | 0.46 |
For the three and nine months ended September 30, 2018 and 2017, certain common stock equivalents were excluded from the calculation of dilutive securities because their inclusion would either have been anti-dilutive or, for stock options, the exercise prices of those stock options were greater than the average market price of the Company’s common stock for the period. All of the Company’s non-participating unvested restricted shares were included in the computation of weighted average dilutive securities. The following table summarizes the shares of common stock underlying the Company’s unvested stock options and performance awards that were excluded from the calculation of dilutive securities:
|  | Three months ended |  |  | Nine months ended |
|  | September 30, |  |  | September 30, |
(In thousands) |  | 2018 |  |  | 2017 |  |  | 2018 |  |  | 2017 |
Restricted stock |  |  | 1 |  |  |  | 44 |  |  |  | 1 |  |  |  | 44 |
Performance awards |  |  | 2 |  |  |  | 21 |  |  |  | 68 |  |  |  | 127 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration