Basic earnings per share is computed by dividing net income by the weighted average number of common shares outstanding during the period. Diluted earnings per share is computed by dividing net income by all common shares outstanding during the period and dilutive potential common shares.

In accordance with FASB ASC 480-10-S99, Distinguishing Liabilities from Equity, and solely for the purpose of calculating earnings per share, net income was decreased by $38,000 and increased by $12,000 for the quarter and six months ended June 30, 2014, respectively, for an adjustment to the value of redeemable non-controlling interests.

	2014		2013
For quarter ended June 30:
Weighted average number of common shares outstanding – basic		39,151,012		38,882,681
Dilutive effect of:
Common stock options		100,970		208,773
Unvested restricted stock		66,498		44,701
Weighted average number of common shares outstanding – diluted		39,318,480		39,136,155

For six months ended June 30:
Weighted average number of common shares outstanding – basic		39,135,292		38,857,034
Dilutive effect of:
Common stock options		113,711		236,134
Unvested restricted stock		65,869		47,324
Weighted average number of common shares outstanding – diluted		39,314,872		39,140,492

Common stock options totaling 47,500 were not included in the diluted shares outstanding for the quarter and six months ended June 30, 2014, because their effect would have been anti-dilutive. Common stock options totaling 45,000 were not included in the diluted shares outstanding for the quarter ended June 30, 2013, because their effect would have been anti-dilutive.