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Earnings per Share
3 Months Ended
Mar. 31, 2015
Earnings per Share [Abstract]  
Earnings per Share

14. Earnings per Share

 

The following table sets forth basic and diluted weighted average shares outstanding for the periods indicated (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

March 31,

 

 

2015

 

2014

 

 

 

 

 

 

 

Weighted average shares - basic

 

 

19,227 

 

 

19,263 

Effect of dilutive securities

 

 

202 

 

 

100 

Weighted average shares - assuming dilution

 

 

19,429 

 

 

19,363 

 

For the three months ended March 31, 2015, 504,999 shares of common stock potentially issuable upon the exercise of employee stock options were excluded from the weighted average number of shares outstanding on a diluted basis because the effect of such options would be anti-dilutive.  For the three months ended March 31, 2014, 779,999 shares of common stock potentially issuable upon the exercise of employee stock options were excluded from the weighted average number of shares outstanding on a diluted basis because the effect of such options would be anti-dilutive.