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Earnings Per Share
 12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Earnings Per Share
EARNINGS PER SHARE
Share-based awards that contain non-forfeitable rights to dividends or dividend equivalents, whether paid or unpaid, are participating securities and included in the computation of both basic and diluted earnings per share. Our grants of restricted stock awards to our employees and directors are considered participating securities and we have prepared our earnings per share calculations to exclude outstanding unvested restricted stock awards, using the two-class method, in the basic and diluted weighted average shares outstanding calculation.
The following table sets forth the computation of the basic and diluted earnings per share for the years ended December 31, 2014, 2015 and 2016: 
 
Year Ended December 31,
 
2014
 
2015
 
2016
 
(in thousands, except per share data)
Numerator for basic earnings per share:
 
 
 
 
 
Numerator from continuing operations
 
 
 
 
 
Income from continuing operations
$
15,446

 
$
20,853

 
$
19,581

Less: Earnings allocated to unvested restricted stock
(295
)
 
(257
)
 
(89
)
Income attributable to continuing operations
$
15,151

 
$
20,596

 
$
19,492

 
 
 
 
 
 
Numerator from discontinued operations
 
 
 
 
 
Income from discontinued operations
$
392

 
$
—

 
$
—

Less: Earnings allocated to unvested restricted stock
(8
)
 
—

 
—

Income attributable to discontinued operations
$
384

 
$
—

 
$
—

 
 
 
 
 
 
Numerator for diluted earnings per share:
 
 
 
 
 
Income attributable to continuing operations
$
15,151

 
$
20,596

 
$
19,492

Income attributable to discontinuing operations
$
384

 
$
—

 
$
—

 
 
 
 
 
 
Denominator
 
 
 
 
 
Denominator for basic earnings per common share - weighted average shares outstanding
18,108

 
17,791

 
16,515

Effect of dilutive securities:
 
 
 
 
 
Stock options
149

 
246

 
454

Convertible subordinated notes
—

 
276

 
491

Denominator for diluted earnings per common share - weighted average shares outstanding
18,257

 
18,313

 
17,460

 
 
 
 
 
 
Basic earnings per common share:
 
 
 
 
 
Continuing operations
$
0.84

 
$
1.16

 
$
1.18

Discontinued operations
0.02

 
—

 
—

Basic earnings per common share
$
0.86

 
$
1.16

 
$
1.18

 
 
 
 
 
 
Diluted earnings per common share:
 
 
 
 
 
Continuing operations
$
0.83

 
$
1.12

 
$
1.12

Discontinued operations
0.02

 
—

 
—

Diluted earnings per common share
$
0.85

 
$
1.12

 
$
1.12

 
 
 
 
 
 

The fully diluted weighted average shares outstanding for the years ended December 31, 2015 and 2016, and the corresponding calculation of fully diluted earnings per share, included approximately 0.3 million and 0.5 million shares that would have been issued upon the conversion of our convertible subordinated notes as a result of the application of the if-converted method prescribed by the FASB ASC 260. There were no shares that would have been issued upon conversion under the if-converted method for our convertible subordinated notes for the year ended December 31, 2014.
There were no options excluded in the computation of diluted earnings per share for the years ended December 31, 2014, 2015 and 2016.