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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Earnings Per Share, Basic and Diluted



The following table sets forth the computation of basic and diluted EPS for the years ended December 31, 2017, 2016 and 2015 (in thousands, except per share data):





 

 

 

 

 

 

 

 

 



 

2017

 

2016

 

2015



 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

$

27,721 

 

$

17,835 

 

$

19,567 

Income from discontinued operations, net of tax

 

 

 -

 

 

 -

 

 

491 

Net income

 

$

27,721 

 

$

17,835 

 

$

20,058 



 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

Weighted average shares of common stock outstanding

 

 

11,924 

 

 

11,842 

 

 

11,959 

Effect of dilutive common stock equivalents

 

 

164 

 

 

105 

 

 

112 

Weighted average shares of common stock outstanding

 

 

12,088 

 

 

11,947 

 

 

12,071 



 

 

 

 

 

 

 

 

 

Basic earnings per share

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

2.32 

 

$

1.51 

 

$

1.64 

Discontinued operations

 

 

 -

 

 

 -

 

 

0.04 

Total basic earnings per share

 

$

2.32 

 

$

1.51 

 

$

1.68 



 

 

 

 

 

 

 

 

 

Diluted earnings per share

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

2.29 

 

$

1.49 

 

$

1.62 

Discontinued operations

 

 

 -

 

 

 -

 

 

0.04 

Total diluted earnings per share

 

$

2.29 

 

$

1.49 

 

$

1.66