v2.4.0.8
Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2013
Earnings Per Share [Abstract]  
Schedule of reconciliation of basic and diluted net income per common share
The following table presents a reconciliation of basic and diluted net income per common share for the three and nine month periods ended September 30, 2013 and 2012:
 
Three Months Ended
 
Nine Months Ended
 
September 30, 2013
 
September 30, 2012
 
September 30, 2013
 
September 30, 2012
 
(in thousands, except shares and per share data)
Basic:
 
 
 
 
 
 
 
Net income
$
1,830

 
$
3,089

 
$
6,563

 
$
6,508

 
 
 
 
 
 
 
 
Weighted average number of Class A common shares outstanding (basic)
10,246,176

 
10,217,648

 
10,243,893

 
10,206,020

Basic earnings per share
$
0.18

 
$
0.30

 
$
0.64

 
$
0.63

Diluted:
 
 
 
 
 
 
 
Net income
$
1,806

 
$
3,089

 
$
6,543

 
$
6,508

 
 
 
 
 
 
 
 
Weighted average number of common Class A shares outstanding
10,246,176

 
10,217,648

 
10,243,893

 
10,206,020

Effect of common stock equivalents:
 
 
 
 
 
 
 
Restricted stock units
25,361

 
19,864

 
22,271

 
19,734

Weighted average Class A common shares outstanding (diluted)
10,271,537

 
10,237,512

 
10,266,164

 
10,225,754

Diluted earnings per share
$
0.18

 
$
0.30

 
$
0.64

 
$
0.63