XML 42 R32.htm IDEA: XBRL DOCUMENT v3.8.0.1
Earnings Per Share (Tables)
 9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table sets forth the computation of the basic and diluted earnings per share for the three and nine months ended September 30, 2016 and 2017 (in thousands, except per share data):
 
For the Three Months Ended September 30,
 
For the Nine Months Ended September 30,
 
2016
 
2017
 
2016
 
2017
Numerator for basic and diluted earnings per share:
 
 
 
 
 
 
 
Net income
$
5,683

 
$
3,038

 
$
15,454

 
$
14,532

Less: Earnings allocated to unvested restricted stock
(25
)
 
(10
)
 
(76
)
 
(52
)
Income attributable to common stockholders
$
5,658

 
$
3,028

 
$
15,378

 
$
14,480

 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Denominator for basic earnings per common share - weighted average shares outstanding
16,529

 
16,476

 
16,502

 
16,575

Effect of dilutive securities:
 
 
 
 
 
 
 
Stock options
273

 
335

 
260

 
332

Convertible subordinated notes
299

 
787

 
200

 
980

Denominator for diluted earnings per common share - weighted average shares outstanding
17,101

 
17,598

 
16,962

 
17,887

 
 
 
 
 
 
 
 
Basic earnings per common share:
$
0.34

 
$
0.18

 
$
0.93

 
$
0.87

Diluted earnings per common share:
$
0.33

 
$
0.17

 
$
0.91

 
$
0.81