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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2014
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 three and nine months ended September 30, 2013 and 2014:
 
For the Three Months Ended September 30,
 
For the Nine Months Ended September 30,
 
2013
 
2014
 
2013
 
2014
Numerator for basic earnings per share:
 
 
 
 
 
 
 
Numerator from continuing operations
 
 
 
 
 
 
 
Income from continuing operations
$
1,908

 
$
4,565

 
$
10,888

 
$
10,080

Less: Earnings allocated to unvested restricted stock
(35
)
 
(84
)
 
(236
)
 
(198
)
Income attributable to continuing operations
$
1,873

 
$
4,481

 
$
10,652

 
$
9,882

 
 
 
 
 
 
 
 
Numerator from discontinued operations
 
 
 
 
 
 
 
Income from discontinued operations
$
3,986

 
$
431

 
$
4,408

 
$
381

Less: Earnings allocated to unvested restricted stock
(74
)
 
(8
)
 
(96
)
 
(8
)
Income attributable to discontinued operations
$
3,912

 
$
423

 
$
4,312

 
$
373

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

 
$

 
$
2,462

 
$

 
$

 
$

 
$
2,462

 
$

 
 
 
 
 
 
 
 
Income attributable to continuing operations
$
1,873

 
$
4,481

 
$
13,114

 
$
9,882

Income attributable to discontinued operations
$
3,912

 
$
423

 
$
4,312

 
$
373

 
 
 
 
 
 
 
 
Denominator
 
 
 
 
 
 
 
Denominator for basic earnings per common share - weighted average shares outstanding
17,892

 
18,150

 
17,794

 
18,086

Effect of dilutive securities:
 
 
 
 
 
 
 
Stock options
165

 
126

 
175

 
137

Convertible junior subordinated debentures

 

 
4,392

 

Denominator for diluted earnings per common share - weighted average shares outstanding
18,057

 
18,276

 
22,361

 
18,223

 
 
 
 
 
 
 
 
Basic earnings per common share:
 
 
 
 
 
 
 
Continuing operations
$
0.10

 
$
0.25

 
$
0.60

 
$
0.55

Discontinued operations
0.22

 
0.02

 
0.24

 
0.02

Basic earnings per common share
$
0.32

 
$
0.27

 
$
0.84

 
$
0.57

 
 
 
 
 
 
 
 
Diluted earnings per common share:
 
 
 
 
 
 
 
Continuing operations
$
0.10

 
$
0.24

 
$
0.59

 
$
0.54

Discontinued operations
0.22

 
0.02

 
0.19

 
0.02

Diluted earnings per common share
$
0.32

 
$
0.26

 
$
0.78

 
$
0.56