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Earnings per Share (Tables)
9 Months Ended
Sep. 30, 2013
Earnings per Share  
Schedule of computation of basic and diluted earnings per share

 

 

 

 

Three months ended

 

Nine months ended

 

 

 

September 30,
2013

 

September 30,
2012

 

September 30,
2013

 

September 30,
2012

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per common share

 

 

 

 

 

 

 

 

 

Net income

 

$

603

 

$

2,346

 

$

3,108

 

$

7,051

 

Less income allocated to participating securities

 

9

 

19

 

45

 

51

 

Net income allocated to common shareholders

 

$

594

 

$

2,327

 

$

3,063

 

$

7,000

 

Weighted average common shares outstanding

 

22,053,555

 

21,922,173

 

22,021,226

 

21,885,301

 

 

 

$

0.03

 

$

0.11

 

$

0.14

 

$

0.32

 

 

 

 

 

 

 

 

 

 

 

Earnings per common share assuming dilution

 

 

 

 

 

 

 

 

 

Net income

 

$

603

 

$

2,346

 

$

3,108

 

$

7,051

 

Less income allocated to participating securities

 

9

 

19

 

45

 

51

 

Net income allocated to common shareholders

 

$

594

 

$

2,327

 

$

3,063

 

$

7,000

 

Weighted average common shares outstanding

 

22,053,555

 

21,922,173

 

22,021,226

 

21,885,301

 

Incremental shares applicable to stock based compensation

 

26,482

 

56,842

 

40,487

 

73,172

 

Weighted average common shares assuming dilution

 

22,080,037

 

21,979,015

 

22,061,713

 

21,958,473

 

 

 

$

0.02

 

$

0.10

 

$

0.13

 

$

0.31