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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2012
Earnings Per Share  
Schedule of computation of basic and diluted earnings per share

 

 

 
  2012   2011   2010  

Basic earnings per common share

                   

Net income

  $ 6,012   $ 19,040   $ 1,662  

Less income allocated to participating securities

    69     233     12  
               

Net income allocated to common shareholders

  $ 5,943   $ 18,807   $ 1,650  
               

Weighted average common shares outstanding

    21,894,569     21,650,736     18,799,761  
               

 

  $ 0.27   $ 0.87   $ 0.09  
               

Earnings per common share assuming dilution

                   

Net income

  $ 6,012   $ 19,040   $ 1,662  

Less income allocated to participating securities

    69     233     12  
               

Net income allocated to common shareholders

  $ 5,943   $ 18,807   $ 1,650  
               

Weighted average common shares outstanding

    21,894,569     21,650,736     18,799,761  

Incremental shares applicable to stock based compensation

    69,742     163,881     487,685  
               

Weighted average common shares assuming dilution

    21,964,311     21,814,617     19,287,446  
               

 

  $ 0.26   $ 0.85   $ 0.09