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INCOME PER COMMON SHARE (Tables)

12 Months Ended

Dec. 31, 2014

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, 2014, 2013, and 2012 are as follows:

		2014				2013				2012
		(in thousands - except per share amounts)
Net income – Basic and Diluted		$	1,544			$	9,281			$	20,947
Weighted-average shares outstanding – Basic			13,519				12,757				12,511
Effect of dilutive securities:
Stock options			455				286				299
Weighted-average shares outstanding – Diluted			13,974				13,043				12,810
Basic income per common share		$	0.11			$	0.73			$	1.67
Diluted income per common share		$	0.11			$	0.71			$	1.64

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

+ Details

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