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Earnings Per Common Share (Tables)
6 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Common Shares

The following tables set forth the computation of basic and diluted common shares.

 

Continuing Operations

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

June 30,

 

 

June 30,

 

 

2015

 

 

2014

 

 

2015

 

 

2014

 

Weighted average basic shares

 

8,250,833

 

 

 

8,176,808

 

 

 

8,235,901

 

 

 

8,115,214

 

Dilutive effect of preferred stock, warrants, stock options

   and restricted stock units *

 

43,114

 

 

 

1,546,268

 

 

 

43,114

 

 

 

1,595,208

 

Total weighted average diluted shares

 

8,293,947

 

 

 

9,723,076

 

 

 

8,279,015

 

 

 

9,710,422

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

With Discontinued Operations

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

June 30,

 

 

June 30,

 

 

2015

 

 

2014

 

 

2015

 

 

2014

 

Weighted average basic shares

 

8,250,833

 

 

 

8,176,808

 

 

 

8,235,901

 

 

 

8,115,214

 

Dilutive effect of preferred stock, warrants, stock options

   and restricted stock units *

 

43,114

 

 

 

-

 

 

 

43,114

 

 

 

-

 

Total weighted average diluted shares

 

8,293,947

 

 

 

8,176,808

 

 

 

8,279,015

 

 

 

8,115,214

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

* When preferred shares are assumed converted, their dividends are added back to net income.