Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.2.0.727
Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Numerators and Denominators of Basic and Diluted Income per Share

The following table reconciles the numerators and denominators of the basic and diluted income per share computations:

 

     Three Months Ended
June 30 		     Six Months Ended
June 30 		 
     2015      2014      2015      2014  

Numerator:

            

Net income (in thousands)

    $ 783       $ 886       $ 368       $ 1,469   

Denominator:

            

Weighted average common shares outstanding:

            

Basic

      22,381,487         22,146,106         22,345,309         22,059,902   

Dilutive effect of non-vested awards

      443,478         253,328         398,639         261,241   
  

 

 

     

 

 

     

 

 

     

 

 

  

Diluted

      22,824,965         22,399,434         22,743,948         22,321,143   

Net income per share:

            

Basic

    $ 0.03       $ 0.04       $ 0.02       $ 0.07   

Diluted

    $ 0.03       $ 0.04       $ 0.02       $ 0.07