v2.4.0.8
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2014
Computation of Diluted Earnings (Loss) Per Share with Exclusion of Antidilutive Securities

The table which follows sets forth the manner in which diluted earnings per common share for the three and six month periods ended June 30, 2014 and 2013 were calculated.

 

     Three Months Ended
June 30,
     Six Months Ended
June 30,
 
     2014      2013      2014      2013  
     (In thousands)  

Numerator:

           

Net earnings

   $ 787       $ 1,097       $ 49       $ 158   
  

 

 

    

 

 

    

 

 

    

 

 

 

Denominator:

           

Weighted average shares outstanding(1)

     4,936         4,700         4,876         4,662   

Dilutive effect of stock options and non-vested restricted shares

     5         75         35         70   
  

 

 

    

 

 

    

 

 

    

 

 

 

Denominator for diluted net earnings (loss) per share

     4,941         4,775         4,911         4,732   
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(1) Does not include unvested restricted shares.