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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2013
Summary of Significant Accounting Policies  
Schedule of computation of basic and diluted EPS

The following table sets forth the computation of EPS (in thousands, except per share amounts):

 

 

 

Three Months Ended
 June 30,

 

Six Months Ended
 June 30,

 

 

 

2013

 

2012

 

2013

 

2012

 

Net earnings per common share — basic:

 

 

 

 

 

 

 

 

 

Net earnings

 

$

491

 

$

1,817

 

$

208

 

$

4,188

 

Allocation to nonvested restricted stock awards

 

11

 

42

 

5

 

97

 

Net earnings available to common stockholders

 

$

480

 

$

1,775

 

$

203

 

$

4,091

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares outstanding

 

31,849

 

31,745

 

31,848

 

31,744

 

 

 

 

 

 

 

 

 

 

 

Net earnings per common share — basic

 

$

0.02

 

$

0.06

 

$

0.01

 

$

0.13

 

 

 

 

 

 

 

 

 

 

 

Net earnings per common share — diluted:

 

 

 

 

 

 

 

 

 

Net earnings

 

$

491

 

$

1,817

 

$

208

 

$

4,188

 

Allocation to nonvested restricted stock awards

 

11

 

42

 

5

 

97

 

Net earnings available to common stockholders

 

$

480

 

$

1,775

 

$

203

 

$

4,091

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares outstanding

 

31,849

 

31,745

 

31,848

 

31,744

 

Dilutive stock options

 

 

 

 

 

Weighted-average shares and dilutive shares outstanding

 

31,849

 

31,745

 

31,848

 

31,744

 

 

 

 

 

 

 

 

 

 

 

Net earnings per common share — diluted

 

$

0.02

 

$

0.06

 

$

0.01

 

$

0.13