XML 38 R17.htm IDEA: XBRL DOCUMENT v3.3.1.900
Earnings per Common Share
12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Earnings per Common Share

Note 10 – Earnings per Common Share

Basic earnings per share is based on the weighted average number of shares outstanding and excludes the dilutive effect of unexercised common stock equivalents. Diluted earnings per share is based on the weighted average number of shares outstanding and includes the dilutive effect of unexercised common stock equivalents to the extent they are not anti-dilutive. A reconciliation of the shares included in the basic and fully diluted earnings per share calculations is as follows:

 

     For the years ended December 31,  
     2015      2014      2013  

Net income-continuing operations

   $ 42,194       $ 32,611       $ 10,967   

Net income (loss) from discontinued operations

     (43      873         180   
  

 

 

    

 

 

    

 

 

 

Net income

   $ 42,151       $ 33,484       $ 11,147   
  

 

 

    

 

 

    

 

 

 

Weighted average common shares outstanding:

        

Basic

     39,568         39,337         38,873   

Incremental shares with dilutive effect:

        

Stock options

     0         0         152   

Restricted stock awards

     168         162         133   
  

 

 

    

 

 

    

 

 

 

Diluted

     39,735         39,499         39,158   
  

 

 

    

 

 

    

 

 

 

Basic income (loss) per share:

        

Continuing operations

   $ 1.07       $ 0.83       $ 0.28   

Discontinued operations

     (0.00      0.02         0.00   
  

 

 

    

 

 

    

 

 

 

Total net income per share

   $ 1.07       $ 0.85       $ 0.28   
  

 

 

    

 

 

    

 

 

 

Diluted income (loss) per share:

        

Continuing operations

   $ 1.06       $ 0.83       $ 0.28   

Discontinued operations

     (0.00      0.02         0.00   
  

 

 

    

 

 

    

 

 

 

Total net income per share

   $ 1.06       $ 0.85       $ 0.28