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Nature of Business (Tables)
 3 Months Ended
Mar. 31, 2015
Nature of Business  
Schedule of the computation of the common shares outstanding used in determining basic and diluted EPS

The following table sets forth the computation of the common shares outstanding used in determining basic and diluted EPS (amounts in thousands):

 

 

 

Three Months Ended March 31,

 

 

 

2015

 

2014

 

Numerator for earnings per common share calculation:

 

 

 

 

 

Net income

 

$
2,462 

 

$
248 

 

 

 

 

 

 

 

Denominator for earnings per common share calculation:

 

 

 

 

 

Weighted-average common shares, basic

 
42,396 

 
42,172 

 

Effect of dilutive securities

 

 

 

 

 

Stock options, restricted stock and warrants

 
849 

 
437 

 

Weighted-average common shares, diluted

 
43,245 

 
42,609 

 

 

 

 

 

 

 

EPS

 

 

 

 

 

Basic

 

$
0.06 

 

$
0.01 

 

Diluted

 

$
0.06 

 

$
0.01