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EPS Calc (Notes)
9 Months Ended
Sep. 30, 2015
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]  
Earnings Per Share [Text Block]
Earnings (Loss) Per Share

The computation of basic and diluted earnings (loss) per share consisted of the following:
 
(Dollars in thousands, except per share data)
 
Three Months Ended September 30,
 
 Nine Months Ended September 30,
 
2015
 
2014
 
2015
 
2014
Weighted average shares:
 
 
 
 
 
 
 
Basic weighted average shares outstanding
8,746

 
8,698

 
8,725

 
8,678

Effect of dilutive securities outstanding
144

 
134

 
149

 

Diluted weighted average shares outstanding
8,890

 
8,832

 
8,874

 
8,678

 
 
 
 
 
 
 
 
Earnings (loss):
 
 
 
 
 
 
 
Continuing operations
$
2,430

 
$
460

 
$
3,985

 
$
(3,064
)
Discontinued operations

 

 

 
1,367

Net income (loss)
$
2,430

 
$
460

 
$
3,985

 
$
(1,697
)
 
 
 
 
 
 
 
 
Basic earnings (loss) per share of common stock:
 
 
 
 
 
 
 
Continuing operations
$
0.28

 
$
0.05

 
$
0.46

 
$
(0.35
)
Discontinued operations

 

 

 
0.15

Net income (loss) per share
$
0.28

 
$
0.05

 
$
0.46

 
$
(0.20
)
 
 
 
 
 
 
 
 
Diluted earnings (loss) per share of common stock:
 
 
 
 
 
 
 
Continuing operations
$
0.27

 
$
0.05

 
$
0.45

 
$
(0.35
)
Discontinued operations

 

 

 
0.15

Net income (loss) per share
$
0.27

 
$
0.05

 
$
0.45

 
$
(0.20
)

The effect of restricted stock awards, market stock units and future stock option exercises equivalent to approximately 129,000 shares for the nine months ended September 30, 2014 would have been anti-dilutive because the Company recorded a loss for the period and therefore were excluded from the computation of diluted earnings per share.