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EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2016
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
Earnings per share for the three months ended March 31, 2016 and 2015 are calculated for basic and diluted earnings per share as follows: 
 
 
 
Basic
 
Diluted
 
 
 
Three Months Ended
 
Three Months Ended
 
(in thousands, except per share amounts)
 
March 31,
 
March 31,
 
 
 
2016
 
2015
 
2016
 
2015
 
Net income
 
$
1,346
 
$
4,369
 
$
1,346
 
$
4,369
 
Net income allocated to restricted stock
 
 
(7)
 
 
(23)
 
 
(7)
 
 
(23)
 
Net income from continuing operations allocated to common shares
 
$
1,339
 
$
4,346
 
$
1,339
 
$
4,346
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic Weighted-Average Shares Outstanding
 
 
11,395
 
 
11,326
 
 
11,395
 
 
11,326
 
Dilutive effect of stock options
 
 
 
 
 
 
 
 
94
 
 
236
 
Diluted Weighted-Average Shares Outstanding
 
 
 
 
 
 
 
 
11,489
 
 
11,562
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Earnings Per Share
 
$
0.12
 
$
0.38
 
$
0.12
 
$
0.38