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Income Per Common Share (Tables)
 12 Months Ended
Dec. 31, 2013
Calculations of Basic and Diluted Income Per Common Share

The calculations of basic and diluted income per common share for the years ended December 31, 2013, 2012 and 2011 are as follows:

 

     2013      2012      2011  
     (in thousands—except per share amounts)  

Net income – Basic and Diluted

    $ 9,281       $ 20,947       $ 14,066   

Weighted-average shares outstanding – Basic

      12,757         12,511         12,128   

Effect of dilutive securities:

         

Stock options

      286         299         401   
  

 

 

     

 

 

     

 

 

  

Weighted-average shares outstanding – Diluted

      13,043         12,810         12,529   
  

 

 

     

 

 

     

 

 

  

Basic income per common share

    $ 0.73       $ 1.67       $ 1.16   
  

 

 

     

 

 

     

 

 

  

Diluted income per common share

    $ 0.71       $ 1.64       $ 1.12