v2.4.0.8

Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2013

Earnings Per Share [Abstract]

Basic and Diluted Earnings Per Share

The following table provides a reconciliation of the numerators and denominators of our basic and diluted earnings per share (dollars in thousands, except per-share amounts).

		Three Months Ended June 30,								Six Months Ended June 30,
		2013				2012				2013				2012
Income (numerator):
Net income – basic		$	7,787			$	7,862			$	7,440			$	9,576
Weighted average shares (denominator):
Weighted average shares – basic			39,007,361				33,524,361				38,965,811				33,387,065
Dilution effect of share-based compensation, treasury method			21,842				25,707				10,921				106,810
Weighted average shares – diluted			39,029,203				33,550,068				38,976,732				33,493,875
Net income per share:
Basic		$	0.20			$	0.23			$	0.19			$	0.29
Diluted		$	0.20			$	0.23			$	0.19			$	0.29

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- Definition

Tabular disclosure of the numerators and the denominators of the basic and diluted per-share (or per-unit) computations for income from continuing operations, including the effect that has been given to preferred dividends.

+ References

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

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-Subparagraph (a)

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

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