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Weighted Average Shares Outstanding
3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Weighted Average Shares Outstanding

 

NOTE 8 – WEIGHTED AVERAGE SHARES OUTSTANDING

Earnings per share have been computed based on the following weighted average number of common shares outstanding:

 

     For the Three
Months
Ended March 31,
 
     2015      2014  
     (share data in
thousands)
 

Basic shares outstanding

     30,443         25,144   

Plus: Dilutive effect of ISOs

     124         95   

Plus: Dilutive effect of Restricted Grants

     229         334   
  

 

 

    

 

 

 

Diluted shares outstanding

  30,796      25,573   
  

 

 

    

 

 

 

For the quarter ended March 31, 2014, the Company excluded 268,000 potential common shares with strike prices that would cause them to be anti-dilutive. The Company has not excluded any potential common shares at March 31, 2015.