Earnings Per Share

9 Months Ended

Sep. 30, 2015

Note 4 – Earnings Per Share

Basic earnings per share (“EPS”) is calculated by dividing the net income attributable to the Company’s common stockholders by the weighted average number of common shares outstanding during the period. Diluted EPS is calculated by dividing the net income attributable to the Company’s common stockholders by the weighted average number of common and common equivalent shares outstanding during the period and are calculated using the treasury stock method for equity-based compensation awards.

The following table sets forth the computation of basic and diluted EPS and a reconciliation of the weighted average number of common and common equivalent shares outstanding.


	Quarter Ended				Nine Months Ended
(Dollars in thousands, except share data)	September 30, 2015		September 30, 2014		September 30, 2015		September 30, 2014
Numerator:
Net income attributable to RDI common stockholders	$	381	$	3,939	$	19,496	$	8,481
Denominator:
Weighted average number of common stock – basic	23,287,449		23,380,728		23,283,405		23,457,050
Weighted average dilutive impact of stock-based awards	194,813		297,495		194,813		297,495
Weighted average number of common stock – diluted	23,482,262		23,678,223		23,478,218		23,754,545
Basic EPS attributable to RDI common stockholders	$	0.02	$	0.17	$	0.84	$	0.36
Diluted EPS attributable to RDI common stockholders	$	0.02	$	0.17	$	0.83	$	0.36

Awards excluded from diluted EPS	100,000		218,750		100,000		248,750