v3.2.0.727
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2015
Computation of Diluted Earnings Per Common Share

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, 2015 and 2014 were calculated.

 

     Three Months Ended
June 30,
     Six Months Ended
June 30,
 
     2015      2014      2015      2014  
     (In thousands)  

Numerator:

           

Net earnings

   $ 1,063       $ 787       $ 588       $ 49   
  

 

 

    

 

 

    

 

 

    

 

 

 

Denominator:

           

Weighted average shares outstanding(1)

     5,032         4,936         4,990         4,876   

Dilutive effect of stock options and non-vested restricted shares

     4         5         13         35   
  

 

 

    

 

 

    

 

 

    

 

 

 

Denominator for diluted net earnings per share

     5,036         4,941         5,003         4,911   
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(1) Does not include unvested restricted shares.