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Earnings Per Share Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table sets forth the computation of the basic and diluted earnings per share for the years ended December 31, 2011, 2012 and 2013: 
 
Year Ended December 31,
 
2011
 
2012
 
2013
 
(in thousands, except per share data)
Numerator for basic earnings per share:
 
 
 
 
 
Numerator from continuing operations
 
 
 
 
 
Income from continuing operations
$
6,210

 
$
10,568

 
$
15,185

Less: Earnings allocated to unvested restricted stock
(307
)
 
(361
)
 
(314
)
Income attributable to continuing operations
$
5,903

 
$
10,207

 
$
14,871

 
 
 
 
 
 
Numerator from discontinued operations
 
 
 
 
 
Income from discontinued operations
$
768

 
$
835

 
$
4,111

Less: Earnings allocated to unvested restricted stock

 

 
(85
)
Income attributable to discontinued operations
$
768

 
$
835

 
$
4,026

 
 
 
 
 
 
Numerator for diluted earnings per share:
 
 
 
 
 
Adjustment for diluted earnings per share:
 
 
 
 
 
Interest on convertible junior subordinated debentures, net of tax

 

 
3,452


$

 
$

 
$
3,452

 
 
 
 
 
 
Income attributable to continuing operations
$
5,903

 
$
10,207

 
$
18,323

Income attributable to discontinuing operations
$
768

 
$
835

 
$
4,026

 
 
 
 
 
 
Denominator
 
 
 
 
 
Denominator for basic earnings per common share - weighted average shares outstanding
18,359

 
18,126

 
17,826

Effect of dilutive securities:
 
 
 
 
 
Stock options
38

 
100

 
175

Convertible junior subordinated debentures

 

 
4,392

Denominator for diluted earnings per common share - weighted average shares outstanding
18,397

 
18,226

 
22,393

 
 
 
 
 
 
Basic earnings per common share:
 
 
 
 
 
Continuing operations
$
0.34

 
$
0.58

 
$
0.83

Discontinued operations
0.04

 
0.05

 
0.23

Basic earnings per common share
$
0.38

 
$
0.63

 
$
1.06

 
 
 
 
 
 
Diluted earnings per common share:
 
 
 
 
 
Continuing operations
$
0.34

 
$
0.58

 
$
0.82

Discontinued operations
0.04

 
0.05

 
0.18

Diluted earnings per common share
$
0.38

 
$
0.63

 
$
1.00