EARNINGS PER COMMON SHARE

12 Months Ended

Dec. 31, 2013

Earnings Per Share [Abstract]

Earnings Per Common Share

EARNINGS PER COMMON SHARE

The following table illustrates the computation of basic and diluted earnings per share for the years ended December 31, 2013, 2012 and 2011 (in thousands, except share and per share amounts):

	Year Ended December 31,
	2013		2012		2011
Numerator
Net income attributable to common stockholders	$	25,749	$	19,513	$	12,842
Denominator
Basic weighted average common shares and common equivalents	37,514,637		37,061,111		30,109,417
Dilutive stock options and restricted stock units	557,289		260,406		61,808
Diluted weighted average common shares	38,071,926		37,321,517		30,171,225
Net income attributable to common stockholders, per:
Basic common share	$	0.69	$	0.53	$	0.43
Diluted common share	$	0.68	$	0.52	$	0.43

Certain restricted stock units are considered participating securities because dividend payments are not forfeited even if the underlying award does not vest. Accordingly, the Company uses the two-class method when computing basic and diluted earnings per share. During the years ended December 31, 2013, 2012 and 2011, approximately 46,000, 27,000 and 2,400 restricted stock units, respectively, were not included because they were anti-dilutive. During the years ended December 31, 2012 and 2011, approximately 60,000 and 173,000 stock options, respectively, were not included because they were anti-dilutive. No stock options were considered anti-dilutive during the year ended December 31, 2013.