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Earnings Per Share
9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Earnings Per Share
EARNINGS PER SHARE

Basic earnings per share (EPS) is based on the weighted average number of common shares outstanding for the period, excluding any dilutive common share equivalents. Diluted EPS reflects the potential dilution resulting from vesting of restricted stock awards. The following table shows the computation of basic and diluted EPS for the three and nine month periods ended September 30, 2015 and September 30, 2014, respectively:

 
 
Three Months Ended September 30,
 
Nine Months Ended
September 30,
 
 
2015
 
2014
 
2015
 
2014
Numerator:
 
 
 
 
 
 
 
 
Net income attributable to common stockholders
 
$
8,083

 
$
8,640

 
$
13,556

 
$
29,619

 
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
 
Weighted-average shares outstanding
 
21,290,759

 
20,745,245

 
21,193,825

 
19,658,199

Effect of dilutive securities
 
237,787

 
98,358

 
233,573

 
98,212

Weighted-average diluted shares
 
21,528,546

 
20,843,603

 
21,427,398

 
19,756,411

 
 
 
 
 
 
 
 
 
Basic earnings per share
 
$
0.38

 
$
0.42

 
$
0.64

 
$
1.51

Diluted earnings per share
 
$
0.38

 
$
0.41

 
$
0.63

 
$
1.50



See Note 14 for additional information on the stock grants related to dilutive securities.