| Earnings Per Share Text Block |
5. NET INCOME (LOSS) PER COMMON SHARE The following tables present the computations of basic and diluted net income (loss) per share: | | | | Three Months Ended | | Nine Months Ended | | | | | September 30, | | September 30, | | | | | 2016 | | 2015 | | 2016 | | 2015 | | | | (amounts in thousands except per share data) | | | | | | | | | | | | | | | | | Basic Income (Loss) Per Share | | | | | | | | | | | | | | Numerator | | | | | | | | | | | | | | | Net income (loss) available to the Company | | $ | 11,420 | | $ | 8,442 | | $ | 26,666 | | $ | 15,096 | | | Preferred stock dividends | | | 526 | | | 339 | | | 1,351 | | | 339 | | | Net income (loss) available to common shareholders | | $ | 10,894 | | $ | 8,103 | | $ | 25,315 | | $ | 14,757 | | Denominator | | | | | | | | | | | | | | | Basic weighted average shares outstanding | | | 38,485 | | | 38,076 | | | 38,457 | | | 38,074 | | | Basic net income (loss) per share available | | | | | | | | | | | | | | | to common shareholders | | $ | 0.28 | | $ | 0.21 | | $ | 0.66 | | $ | 0.39 | | | | | | | | | | | | | | | | | Diluted Income (Loss) Per Share | | | | | | | | | | | | | | Numerator | | | | | | | | | | | | | | | Net income (loss) available to the Company | | $ | 11,420 | | $ | 8,442 | | $ | 26,666 | | $ | 15,096 | | | Preferred stock dividends | | | - | | | 339 | | | 1,351 | | | 339 | | | Net income (loss) available to common shareholders | | $ | 11,420 | | $ | 8,103 | | $ | 25,315 | | $ | 14,757 | | Denominator | | | | | | | | | | | | | | | Basic weighted average shares outstanding | | | 38,485 | | | 38,076 | | | 38,457 | | | 38,074 | | | Effect of RSUs and options under the treasury stock | | | | | | | | | | | | | | | method | | | 1,014 | | | 837 | | | 917 | | | 933 | | | Preferred stock under the as if converted method | | | 1,934 | | | - | | | - | | | - | | | Diluted weighted average shares outstanding | | | 41,433 | | | 38,913 | | | 39,374 | | | 39,007 | | | Diluted net income (loss) per share available | | | | | | | | | | | | | | | to common shareholders | | $ | 0.28 | | $ | 0.21 | | $ | 0.64 | | $ | 0.38 |
Disclosure Of Anti-Dilutive Shares The following table presents those shares excluded as they were anti-dilutive: | | Three Months Ended | | Nine Months Ended | | | September 30, | | September 30, | | Impact Of Equity Issuances | 2016 | | 2015 | | 2016 | | 2015 | | | (amounts in thousands, except per share data) | | | | | | | | | | | | | | | Shares excluded as anti-dilutive under the treasury stock method: | | | | | | | | | | | | | Options | | - | | | 23 | | | - | | | 14 | | Price range of options: from | $ | - | | $ | 10.17 | | $ | - | | $ | 10.17 | | Price range of options: to | $ | - | | $ | 11.78 | | $ | - | | $ | 11.78 | | RSUs with service conditions | | - | | - | 425 | | | - | | | 11 | | RSUs excluded with service and market conditions as | | | | | | | | | | | | | market conditions not met | | 478 | | | 165 | | | 478 | | | 165 | | RSUs excluded with service and performance conditions as | | | | | | | | | | | | | performance conditions not met | | 21 | | | 30 | | | 21 | | | 30 | | Perpetual cumulative convertible preferred stock treated as | | | | | | | | | | | | | anti-dilutive under the as if method | | - | | | 1,604 | | | 1,934 | | | 533 |
|