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Nature of business (Tables)
9 Months Ended
Sep. 30, 2017
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, except per share amounts):

 

 

 

Three Months Ended
September 30,

 

Nine Months Ended
September 30,

 

 

 

2017

 

2016

 

2017

 

2016

 

Numerator for earnings per common share calculation:

 

 

 

 

 

 

 

 

 

Net income

 

$

682

 

$

4,349

 

$

8,608

 

$

12,078

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator for earnings per common share calculation:

 

 

 

 

 

 

 

 

 

Weighted-average common shares, basic

 

40,398

 

40,499

 

40,515

 

42,057

 

Effect of dilutive securities

 

 

 

 

 

 

 

 

 

Stock options, restricted stock and warrants

 

527

 

536

 

316

 

707

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares, diluted

 

40,925

 

41,035

 

40,831

 

42,764

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EPS

 

 

 

 

 

 

 

 

 

Basic

 

$

0.02

 

$

0.11

 

$

0.21

 

$

0.29

 

Diluted

 

$

0.02

 

$

0.11

 

$

0.21

 

$

0.28