Earnings per Share

3 Months Ended

Mar. 31, 2017

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 month periods ended March 31, 2017 and March 31, 2016, respectively:



	Three Months Ended March 31,
	2017		2016
Numerator:
Net income attributable to common stockholders	$	3,899	$	2,951

Denominator:
Weighted-average shares outstanding	21,471,185		21,346,701
Effect of dilutive securities	217,548		190,795
Weighted-average diluted shares	21,688,733		21,537,496

Basic earnings per share	$	0.18	$	0.14
Diluted earnings per share	$	0.18	$	0.14

See Note 16 for additional information on the stock grants related to dilutive securities.