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Earnings Per Share | 9 Months Ended
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Sep. 30, 2017
Earnings Per Share [Abstract] |
EARNINGS PER SHARE | EARNINGS PER SHARE The following table sets forth the computation of the basic and diluted earnings per share for the three and nine months ended September 30, 2016 and 2017 (in thousands, except per share data):
| For the Three Months Ended September 30, |  | For the Nine Months Ended September 30,
| 2016 |  | 2017 |  | 2016 |  | 2017
Numerator for basic and diluted earnings per share: |  |  |  |  |  |  |
Net income | $ | 5,683 |  |  | $ | 3,038 |  |  | $ | 15,454 |  |  | $ | 14,532 |
Less: Earnings allocated to unvested restricted stock | (25 | ) |  | (10 | ) |  | (76 | ) |  | (52 | )
Income attributable to common stockholders | $ | 5,658 |  |  | $ | 3,028 |  |  | $ | 15,378 |  |  | $ | 14,480 |
Denominator: |  |  |  |  |  |  |
Denominator for basic earnings per common share - weighted average shares outstanding | 16,529 |  |  | 16,476 |  |  | 16,502 |  |  | 16,575 |
Effect of dilutive securities: |  |  |  |  |  |  |
Stock options | 273 |  |  | 335 |  |  | 260 |  |  | 332 |
Convertible subordinated notes | 299 |  |  | 787 |  |  | 200 |  |  | 980 |
Denominator for diluted earnings per common share - weighted average shares outstanding | 17,101 |  |  | 17,598 |  |  | 16,962 |  |  | 17,887 |
Basic earnings per common share: | $ | 0.34 |  |  | $ | 0.18 |  |  | $ | 0.93 |  |  | $ | 0.87 |
Diluted earnings per common share: | $ | 0.33 |  |  | $ | 0.17 |  |  | $ | 0.91 |  |  | $ | 0.81 |
The fully diluted weighted average shares outstanding for the three and nine months ended September 30, 2017 and the corresponding calculation of fully diluted earnings per share, include approximately 787,000 and 980,000 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, Earnings Per Share. There were 299,000 and 200,000 shares for the three and nine months ended September 30, 2016 that would have been issued upon conversion under the if-converted method. For the both the three and nine months ended September 30, 2017 approximately 455,000 and 320,000 stock options were excluded from the computation of diluted earnings per share because the inclusion of such stock options would result in an antidilutive effect. For the both the three and nine months ended September 30, 2016, no stock options were excluded from the computation of diluted earnings per share.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=64863997&loc=d3e1278-109256 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=64863997&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=65016374&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 + Details
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