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EARNINGS PER COMMON SHARE (Tables)
9 Months Ended
Sep. 30, 2013
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share from Continuing Operations
The following table sets forth the computation of basic and diluted earnings per share from continuing operations for the periods indicated:
2.
EARNINGS PER COMMON SHARE (continued)

 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
(dollars in thousands, except per share amounts)
2013
 
2012
 
2013
 
2012
Numerator
 
 
 
 
 
 
 
Income from continuing operations
$
8,858

 
$
5,802

 
$
26,033

 
$
14,812

Less: net income attributable to participating securities
156

 
118

 
460

 
298

Income from continuing operations, net of income attributable to participating securities
8,702

 
5,684

 
25,573

 
14,514

Numerator for basic and diluted earnings per Common Share
$
8,702

 
$
5,684

 
$
25,573

 
$
14,514

 
 
 
 
 
 
 
 
Denominator
 

 
 

 
 
 
 
Weighted average shares for basic earnings per share
55,460

 
46,338

 
54,686

 
44,447

Effect of dilutive securities:
 

 
 

 
 
 
 

Employee Restricted Share Units and share options
358

 
474

 
406

 
437

Denominator for diluted earnings per share
55,818

 
46,812

 
55,092

 
44,884

 
 
 
 
 
 
 
 
Basic earnings per Common Share from continuing operations attributable to Common Shareholders
$
0.16

 
$
0.12

 
$
0.47

 
$
0.33

Diluted earnings per Common Share from continuing operations attributable to Common Shareholders
$
0.16

 
$
0.12

 
$
0.47

 
$
0.33