2014

2013

2012

Numerator:

Net income

$

9,299

$

5,096

$

26,713

Denominator:

Denominator for basic income per share - weighted average shares

10,552,462

10,721,652

10,992,017

Effect of dilutive securities

140,569

150,897

103,394

Denominator for diluted income per share — weighted average shares and assumed conversions

10,693,031

10,872,549

11,095,411

Basic income per share:

Net income per share — basic

$

0.88

$

0.48

$

2.43

Diluted income per share:

Net income per share — diluted

$

0.87

$

0.47

$

2.41