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Nature of Business (Tables)
6 Months Ended
Jun. 30, 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 (Dollar and share amounts in thousands):

 

 

 

Three Months Ended June 30,

 

Six Months Ended June 30,

 

 

 

2015

 

2014

 

2015

 

2014

 

Numerator for earnings per common share calculation:

 

 

 

 

 

 

 

 

 

Net income

 

$

3,431 

 

$

5,318 

 

$

5,894 

 

$

5,566 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator for earnings per common share calculation:

 

 

 

 

 

 

 

 

 

Weighted-average common shares, basic

 

42,737 

 

42,345 

 

42,566 

 

42,259 

 

Effect of dilutive securities

 

 

 

 

 

 

 

 

 

Stock options, resticted stock and warrants

 

553 

 

173 

 

701 

 

248 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares, diluted

 

43,290 

 

42,518 

 

43,267 

 

42,507 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EPS

 

 

 

 

 

 

 

 

 

Basic

 

$

0.08 

 

$

0.13 

 

$

0.14 

 

$

0.13 

 

Diluted

 

$

0.08 

 

$

0.13 

 

$

0.14 

 

$

0.13