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Earnings Per Common Share | 6 Months Ended
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Jun. 30, 2018
Earnings Per Share [Abstract] |
Earnings Per Common Share | NOTE 8. — EARNINGS PER COMMON SHARE Basic and diluted earnings per common share gives effect, utilizing the two-class method, to the potential dilution from the issuance of shares of our common stock in settlement of RSUs which provide for non-forfeitable dividend equivalents equal to the dividends declared per common share. Basic and diluted earnings per common share is computed by dividing net earnings less dividend equivalents attributable to RSUs by the weighted average number of common shares outstanding during the period. Diluted earnings per common share, also gives effect to the potential dilution from the exercise of stock options utilizing the treasury stock method. There were no options outstanding at June 30, 2018 and June 30, 2017.
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
(in thousands) |  | 2018 |  |  | 2017 |  |  | 2018 |  |  | 2017 |
Earnings from continuing operations |  | $ | 13,823 |  |  | $ | 14,551 |  |  | $ | 23,985 |  |  | $ | 22,268 |
Less dividend equivalents attributable to RSUs outstanding |  |  | (191 | ) |  |  | (194 | ) |  |  | (365 | ) |  |  | (319 | )
Earnings from continuing operations attributable to common shareholders |  |  | 13,632 |  |  |  | 14,357 |  |  |  | 23,620 |  |  |  | 21,949 |
(Loss) earnings from discontinued operations |  |  | (283 | ) |  |  | 555 |  |  |  | (413 | ) |  |  | 2,542 |
Less dividend equivalents attributable to RSUs outstanding |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
(Loss) earnings from discontinued operations attributable to common shareholders |  |  | (283 | ) |  |  | 555 |  |  |  | (413 | ) |  |  | 2,542 |
Net earnings attributable to common shareholders used for basic and diluted earnings per share calculation |  | $ | 13,349 |  |  | $ | 14,912 |  |  | $ | 23,207 |  |  | $ | 24,491 |
Weighted average common shares outstanding: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  |  | 39,901 |  |  |  | 34,634 |  |  |  | 39,806 |  |  |  | 34,594 |
Incremental shares from share based compensation |  |  | 13 |  |  |  | — |  |  |  | 11 |  |  |  | — |
Diluted |  |  | 39,914 |  |  |  | 34,634 |  |  |  | 39,817 |  |  |  | 34,594 |
Basic earnings per common share |  | $ | 0.33 |  |  | $ | 0.43 |  |  | $ | 0.58 |  |  | $ | 0.71 |
Diluted earnings per common share |  | $ | 0.33 |  |  | $ | 0.43 |  |  | $ | 0.58 |  |  | $ | 0.71 |

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- 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 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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