Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2015

Schedule of basic and diluted EPS calculations

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



	Three Months Ended September 30,				Nine Months Ended September 30,
(in thousands, except share and per share amounts)	2015		2014		2015		2014
Income from continuing operations	$	6,024	$	4,934	$	10,406	$	7,105
Income from discontinued operations, net of tax	7		40		54		208
Net income	$	6,031	$	4,974	$	10,460	$	7,313

Weighted average outstanding shares of common stock	26,123,202		25,733,833		26,104,425		25,713,688
Effect of dilutive securities:
Nonvested stock	29,064		357,177		27,659		359,941
Stock options	199,629		133,604		177,152		140,395
Restricted stock units	2,175		4,709		8,252		4,381
Weighted average shares and dilutive shares	26,354,070		26,229,323		26,317,488		26,218,405

Basic EPS
Income from continuing operations	$	0.23	$	0.19	$	0.40	$	0.27
Income from discontinued operations	—		—		—		0.01
Net income per share	$	0.23	$	0.19	$	0.40	$	0.28

Diluted EPS
Income from continuing operations	$	0.23	$	0.19	$	0.40	$	0.27
Income from discontinued operations	—		—		—		0.01
Net income per share	$	0.23	$	0.19	$	0.40	$	0.28

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 September 30,		Nine Months Ended September 30,
	2015	2014	2015	2014
Stock options	366,359	823,566	366,359	820,517
Nonvested stock awards	—	44,245	—	44,245