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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Shares

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

 

 

Three months ended

 

 

Nine months ended

 

 

September 30,

 

 

September 30,

 

 

2014

 

 

2013

 

 

2014

 

 

2013

 

Net income

$

7,118

 

 

$

4,301

 

 

$

21,271

 

 

$

12,074

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding - basic

 

7,525,489

 

 

 

7,374,600

 

 

 

7,507,937

 

 

 

7,347,376

 

Dilutive potential shares from unvested restricted shares

 

208,820

 

 

 

222,401

 

 

 

293,136

 

 

 

320,475

 

Weighted average shares outstanding - diluted

 

7,734,309

 

 

 

7,597,001

 

 

 

7,801,073

 

 

 

7,667,851

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

$

0.95

 

 

$

0.58

 

 

$

2.83

 

 

$

1.64

 

Diluted

$

0.92

 

 

$

0.57

 

 

$

2.73

 

 

$

1.57