Dividends and Earnings per Share

6 Months Ended

Jun. 30, 2017

Earnings Per Share [Abstract]

Dividends and Earnings per Share

Dividends and Earnings per Share.

Dividend and dividend equivalent information for year to date periods ended June 30, 2017 and 2016 is detailed below:

Dividend and Dividend Equivalent Information (per Share and Unit)
Declaration date	Payment date	Declared		Paid		Total payment
2017
February 15, 2017	March 24, 2017	$	0.04	$	0.04	$	688
May 2, 2017	June 9, 2017	0.04		0.04		688
		$	0.08	$	0.08	$	1,376
2016
March 7, 2016	April 14, 2016	$	0.08	$	0.08	$	1,378

The computations of basic and diluted earnings per share for the quarter and year to date periods ended June 30, 2017 and 2016 are as follows:

	Quarter Ended				Year to Date Ended
	June 30, 2017		June 30, 2016		June 30, 2017		June 30, 2016
Operations:
Net income(a)	$	6,369	$	6,308	$	15,047	$	13,367
Income attributable to participating securities(b)	183		240		433		506
Net income attributable to common shareholders	$	6,186	$	6,068	$	14,614	$	12,861
Share information:
Basic and diluted weighted average common shares(c)	16,745,679		16,617,857		16,727,305		16,612,416
Basic and diluted earnings per share	$	0.37	$	0.37	$	0.87	$	0.77

^(a)  Net income attributable to all shareholders.

^(b)  At June 30, 2017 and 2016, participating securities included 497,492 and 525,986 nonvested restricted stock units, respectively, and 0 and 128,500 nonvested shares of restricted stock, respectively.

^(c)  Under the two-class method, weighted average common shares at June 30, 2017 and 2016, exclude nonvested, participating securities of 497,492 and 654,486, respectively.