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Earnings Per Share (Tables)
 3 Months Ended
Mar. 31, 2018
Earnings Per Share  
Schedule of Earnings Per Share

 

 

 

 

 

 

 

 

 

 

 

Quarters Ended March 31, 

 

 

 

    

2018

    

2017

    

    

Basic earnings per share:

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 

29,659,454

 

 

29,560,521

 

 

Net income

 

$

9,489

 

$

4,427

 

 

Basic earnings per share

 

$

0.32

 

$

0.15

 

 

Diluted earnings per share:

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 

29,659,454

 

 

29,560,521

 

 

Dilutive effect of unvested restricted awards1

 

 

472,936

 

 

378,112

 

 

Dilutive effect of stock options and warrants

 

 

36,358

 

 

2,317

 

 

Diluted average common shares outstanding

 

 

30,168,748

 

 

29,940,950

 

 

Net Income

 

$

9,489

 

$

4,427

 

 

Diluted earnings per share

 

$

0.31

 

$

0.15

 

 

 

 

 

 

 

 

 

 

 

Number of antidilutive options and warrants excluded from the diluted earnings per share calculation

 

 

 -

 

 

900,839

 

 

 

 

 

 

 

 

 

 

 

1 Includes the common stock equivalents for restricted share rights that are dilutive.