EARNINGS PER COMMON SHARE

12 Months Ended

Dec. 31, 2014

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, 2014, 2013 and 2012 (in thousands, except share and per share amounts):

	Year Ended December 31,
	2014		2013		2012
Numerator
Net income attributable to common stockholders	$	36,710	$	25,749	$	19,513
Denominator
Basic weighted average common shares and common equivalents	46,351,544		37,514,637		37,061,111
Dilutive stock options and restricted stock units	537,987		557,289		260,406
Diluted weighted average common shares	46,889,531		38,071,926		37,321,517
Net income attributable to common stockholders, per:
Basic common share	$	0.79	$	0.69	$	0.53
Diluted common share	$	0.78	$	0.68	$	0.52

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, 2014, 2013 and 2012, approximately 54,000, 46,000 and 27,000 restricted stock units, respectively, were not included because they were anti-dilutive. During the year ended December 31, 2012, approximately 60,000 stock options were not included because they were anti-dilutive. No stock options were considered anti-dilutive during the years ended December 31, 2014 and 2013.