Earnings per share (Tables)

9 Months Ended

Sep. 30, 2015

The computations of basic and diluted earnings per share for the three and nine months ended September 30, 2015 and 2014, were as follows:


	Three months ended September 30,						Nine months ended September 30,
	2015			2014			2015			2014
Numerator:
Net income	$	9,109		$	7,148		$	12,574		$	13,405
Change in the value of Private Placement Warrants		(8,750	)		(858	)		(8,040	)		(1,190	)


	$	359		$	6,290		$	4,534		$	12,215


Denominator:
Weighted average common shares outstanding-basic		10,814,765			10,794,229			10,804,720			10,676,792
Incremental shares from assumed exercise of Private Placement Warrants, SAR and restricted stock, if applicable		254,160			373,369			316,001			448,324


Weighted average common shares outstanding-diluted		11,068,925			11,167,598			11,120,721			11,125,116


Earnings per share of common stock – basic and diluted
Earnings per share of common stock – basic	$	0.84		$	0.66		$	1.16		$	1.26


Earnings per share of common stock – diluted	$	0.03		$	0.56		$	0.41		$	1.10