Note 4 - Earnings Per Share

3 Months Ended

Mar. 31, 2015

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

4 – Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share amounts):

	Three Months Ended March 31,
	2015		2014
Numerator:
Numerator for basic and diluted earnings per share –
Net income available to common shareholders	$	16,781	$	12,014
Denominator–
Denominator for basic earnings per share – weighted average shares outstanding		40,066		39,332
Effect of dilutive securities–
Employee and director stock options and restricted share awards		919		1,179
Denominator for diluted earnings per share – adjusted weighted average shares outstanding and assumed conversions		40,985		40,511
Basic earnings per common share	$	.42	$	.31
Diluted earnings per common share and common share equivalents	$	.41	$	.30

Options to purchase shares of common stock that were outstanding for the three months ended March 31, 2015 and 2014 that were not included in the computation of diluted earnings per share because the effect would have been anti-dilutive are as follows (in thousands):

	March 31, 2015		March 31, 2014
Weighted average anti-dilutive options		857		431