Earnings Per Share

12 Months Ended

Dec. 31, 2015

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 years ended December 31, 2015, 2014 and 2013:



	Year Ended December 31,
	2015		2014		2013
Numerator:
Net income attributable to common stockholders	$	27,358	$	41,013	$	20,342

Denominator:
Weighted-average shares outstanding	21,218,233		19,933,652		16,100,882
Effect of dilutive securities	234,307		112,255		82,216
Weighted-average diluted shares	21,452,540		20,045,907		16,183,098

Basic earnings per share	$	1.29	$	2.06	$	1.26
Diluted earnings per share	$	1.28	$	2.05	$	1.26

See Note 19 for additional information on the stock grants related to dilutive securities.