Income (Loss) Per Common Share (Tables)

6 Months Ended

Jun. 30, 2015

Schedule of basic and diluted EPS calculations

The basic and diluted EPS calculations for the three and six months ended June 30, 2015 and 2014 are presented below:



	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands, except share and per share amounts)	2015		2014		2015		2014
Income from continuing operations	$	2,531	$	5,480	$	4,382	$	2,171
Income from discontinued operations, net of tax	39		147		47		168
Net income	$	2,570	$	5,627	$	4,429	$	2,339

Weighted average outstanding shares of common stock	26,097,615		25,722,671		26,094,881		25,703,449
Effect of dilutive securities:
Nonvested stock	32,293		351,741		26,956		361,322
Stock options	189,452		145,290		165,914		143,791
Restricted stock units	10,591		4,848		11,290		4,225
Weighted average shares and dilutive shares	26,329,951		26,224,550		26,299,041		26,212,787

Basic EPS
Income from continuing operations	$	0.10	$	0.21	$	0.17	$	0.08
Income from discontinued operations	—		0.01		—		0.01
Net income per share	$	0.10	$	0.22	$	0.17	$	0.09

Diluted EPS
Income from continuing operations	$	0.10	$	0.21	$	0.17	$	0.08
Income from discontinued operations	—		—		—		0.01
Net income per share	$	0.10	$	0.21	$	0.17	$	0.09

Schedule of anti-dilutive securities excluded from computation of earnings per share

The following table provides the securities that could potentially dilute basic earnings per share in the future, but were not included in the computation of diluted earnings per share because to do so would have been anti-dilutive:



	Three Months Ended June 30,		Six Months Ended June 30,
	2015	2014	2015	2014
Stock options	367,031	127,773	367,031	127,773