XML 28 R18.htm IDEA: XBRL DOCUMENT v3.5.0.2
Basis of Presentation (Tables)
 6 Months Ended
Jun. 30, 2016
Basis Of Presentation [Abstract]  
Schedule of Earnings Per Common Share

Earnings per common share have been computed based on the following:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

(in thousands, except share and per share data)

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

5,577

 

 

$

4,664

 

 

$

10,820

 

 

$

9,462

 

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average number of common shares outstanding

 

 

17,738,182

 

 

 

15,197,106

 

 

 

17,685,235

 

 

 

14,984,885

 

Incremental shares assumed for stock options and RSUs

 

 

434,852

 

 

 

487,393

 

 

 

463,478

 

 

 

508,931

 

Weighted-average number of dilutive shares outstanding

 

 

18,173,034

 

 

 

15,684,499

 

 

 

18,148,713

 

 

 

15,493,816

 

Basic earnings per common share

 

$

0.31

 

 

$

0.31

 

 

$

0.61

 

 

$

0.63

 

Diluted earnings per common share

 

$

0.31

 

 

$

0.30

 

 

$

0.60

 

 

$

0.61