XML 19 R8.htm IDEA: XBRL DOCUMENT v3.5.0.2
EARNINGS PER SHARE
 6 Months Ended
Jun. 30, 2016
EARNINGS PER SHARE [Abstract]  
EARNINGS PER SHARE
2. EARNINGS PER SHARE

The computations of basic and diluted earnings per share for the Company are as follows (in thousands, except per share data):
 
  
Three Months Ended
  
Six Months Ended
 
  
June 30, 2016
  
June 30, 2015
  
June 30, 2016
  
June 30, 2015
 
Earnings per share attributable to common shareholders:
            
Prior to revaluation of redeemable non-controlling interests, net of tax
 
$
7,071
  
$
6,304
  
$
12,399
  
$
10,470
 
Charges to additional paid-in-capital - revaluation of redeemable non-controlling interests, net of tax
  
-
   
(376
)
  
-
   
(376
)
  
$
7,071
  
$
5,928
  
$
12,399
  
$
10,094
 
Basic earnings per share attributable to common shareholders:
                
Prior to revaluation of redeemable non-controlling interests, net of tax
 
$
0.57
  
$
0.51
  
$
0.99
  
$
0.85
 
Charges to additional paid-in-capital - revaluation of redeemable non-controlling interests, net of tax
  
-
   
(0.03
)
  
-
   
(0.03
)
  
$
0.57
  
$
0.48
  
$
0.99
  
$
0.82
 
                 
Diluted earnings per share attributable to common shareholders:
                
Prior to revaluation of redeemable non-controlling interests, net of tax
 
$
0.57
  
$
0.51
  
$
0.99
  
$
0.85
 
Charges to additional paid-in-capital - revaluation of redeemable non-controlling interests, net of tax
  
-
   
(0.03
)
  
-
   
(0.03
)
  
$
0.57
  
$
0.48
  
$
0.99
  
$
0.82
 
                 
Shares used in computation:
                
Basic and diluted earnings per share - weighted-average shares
  
12,511
   
12,409
   
12,480
   
12,362
 

The Company’s restricted stock issued is included in basic and diluted shares for the earnings per share computation from the date of grant.  There are no stock options or other dilutive securities outstanding.