XML 85 R20.htm IDEA: XBRL DOCUMENT
v2.4.1.9

EARNINGS PER SHARE DATA | 12 Months Ended
--- | ---
Dec. 31, 2014
EARNINGS PER SHARE DATA [Abstract] |
EARNINGS PER SHARE DATA | NOTE 12 - EARNINGS PER SHARE DATA Basic earnings per share is computed based on weighted average shares outstanding and excludes dilutive securities. Diluted earnings per share is computed including the impacts of all potentially dilutive securities. The following table sets forth the computation of basic and diluted earnings per share for the periods indicated (in thousands, except per share data):
| December 31,
| 2014 |  | 2013 |  | 2012
Basic: |  |  |  |  |
Weighted average shares outstanding | 14,639 |  | 14,439 |  | 14,374
Net income (loss) | $ (45,238) |  | $ 60,237 |  | $ 50,985
Convertible preferred stock dividend | (90) |  | (90) |  | (90)
Net income (loss) attributable to common shareholders | $ (45,328) |  | $ 60,147 |  | $ 50,895
Per share amount | $ (3.10) |  | $ 4.17 |  | $ 3.54
Diluted: |  |  |  |  |
Weighted average shares outstanding | 14,639 |  | 14,439 |  | 14,374
Assumed conversion of convertible preferred stock | - |  | 840 |  | 840
Total dilutive shares | 14,639 |  | 15,279 |  | 15,214
Net income (loss) attributable to common shareholders | $ (45,328) |  | $ 60,147 |  | $ 50,895
Convertible preferred stock dividend | - |  | 90 |  | 90
Net income (loss) for diluted earnings per share | $ (45,328) |  | $ 60,237 |  | $ 50,985
Per share amount | $ (3.10) |  | $ 3.94 |  | $ 3.35
Basic earnings per share have been computed by dividing net earnings by the weighted average number of common shares outstanding during the period and excludes dilutive securities. Diluted earnings per share reflects the potential dilution that could occur if the preferred stock was converted into common stock. Restricted stock is considered a participating security and is included in the computation of basic earnings per share as if vested. Because holders of Preferred Stock do not participate in losses, the loss was not allocated to Preferred Stock for fiscal year 2014. The Preferred Stock is convertible into 840,000 shares of common stock.

X
- 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://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=32703322&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration