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Net Income (Loss) per Share of Common Stock (Tables)
6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The following table sets forth the computation of basic and diluted loss per share:
 
 
Three months ended June 30,
 
Six months ended June 30,
(dollars in thousands, except earnings per share)
 
2018
 
2017
 
2018
 
2017
Numerator for earnings per share:
 
 
 
 
 
 
 
 
Net income (loss) that is available to common shareholders
 
$
3,988

 
$
(832
)
 
$
1,027

 
$
(7,402
)
 
 
 
 
 
 
 
 
 
Denominator for basic earnings per share:
 
 
 
 
 
 
 
 
Weighted average shares outstanding
 
22,170,338

 
22,029,519

 
22,130,503

 
21,984,365

 
 
 
 
 
 
 
 
 
Denominator for diluted earnings per share:
 
 
 
 
 
 
 
 
Effect of stock options and restricted stock units
 
185,550

 

 
36,584

 

Adjusted weighted average shares and assumed conversions
 
22,355,888

 
22,029,519

 
22,167,087

 
21,984,365

 
 
 
 
 
 
 
 
 
Basic earnings (loss) per share
 
$
0.18

 
$
(0.04
)
 
$
0.05

 
$
(0.34
)
 
 
 
 
 
 
 
 
 
Diluted earnings (loss) per share
 
$
0.18

 
$
(0.04
)
 
$
0.05

 
$
(0.34
)
 
 
 
 
 
 
 
 
 
Shares excluded from diluted earnings (loss) per share due to:
 
 
 
 
 
 
 
Net loss position (excluded from denominator)
 

 
60,141

 

 
111,791

Inclusion would have been anti-dilutive (excluded from calculation)
 
752,375

 
924,652

 
982,386

 
744,317