Earnings per Share (Tables)

6 Months Ended

Jun. 30, 2014

Earnings per Basic and Diluted Weighted Average Common Share Outstanding for Continuing and Discontinued Operations

Earnings per basic and diluted weighted average common share outstanding for continuing and discontinued operations were calculated as follows for the three and six months ended June 30, 2014 and 2013 (in thousands, except per share data):


	Three Months Ended June 30,				Six Months Ended June 30,
	2014		2013		2014			2013

Income from continuing operations	$	3,182	$	5,547	$	1,971		$	16,523
Income (loss) from discontinued operations		10		14		(10,883	)		(1,456	)

Net income (loss)	$	3,192	$	5,561	$	(8,912	)	$	15,067


Basic weighted-average common shares outstanding		9,513		9,443		9,510			9,440
Effect of potentially dilutive common shares⁽¹⁾		92		38		86			34

Diluted weighted-average common shares outstanding		9,605		9,481		9,596			9,474


Earnings (loss) per basic common share
Continuing operations	$	0.34	$	0.59	$	0.21		$	1.75
Discontinued operations		—		—		(1.15	)		(0.15	)

Total	$	0.34	$	0.59	$	(0.94	)	$	1.60


Earnings (loss) per diluted common share
Continuing operations	$	0.33		0.59		0.21			1.74
Discontinued operations		—		—		(1.14	)		(0.15	)

Total	$	0.33	$	0.59	$	(0.93	)	$	1.59


Antidilutive shares not included in diluted common share calculation		66		95		66			124

(1)	Represents the effect of the assumed exercise of stock options and the vesting of restricted stock units and performance stock awards, based on the treasury stock method.