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INCOME PER COMMON SHARE (Tables)
12 Months Ended
Dec. 31, 2015
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, 2015, 2014, and 2013 are as follows:

 

     2015      2014      2013  
     (in thousands - except per share amounts)  

Net income – Basic and Diluted

   $ 12,278       $ 1,544      $ 9,281  

Weighted-average shares outstanding – Basic

     13,850         13,519        12,757  

Effect of dilutive securities:

        

Stock options and restricted stock

     416         455        286  
  

 

 

    

 

 

    

 

 

 

Weighted-average shares outstanding – Diluted

     14,266         13,974        13,043  
  

 

 

    

 

 

    

 

 

 

Basic income per common share

   $ 0.89       $ 0.11      $ 0.73  
  

 

 

    

 

 

    

 

 

 

Diluted income per common share

   $ 0.86       $ 0.11      $ 0.71