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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2015
Accounting Policies [Abstract]  
Computation of Basic and Diluted Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share for the three months ended March 31, 2015 and 2014 (in thousands, except per share amounts):
 
Three Months Ended
 
March 31,
 
2015
 
2014
Numerator:
 
 
 
Income from continuing operations
$
5,785

 
$
4,389

Income from discontinued operations, net of tax

 
1,860

Net income
$
5,785

 
$
6,249

Denominator:
 
 
 
Weighted average shares outstanding – basic
28,276

 
32,969

Common stock equivalents
199

 
199

Weighted average shares outstanding – diluted
28,475

 
33,168

Earnings per share – basic:
 
 
 
From continuing operations
$
0.20

 
$
0.13

From discontinued operations

 
0.06

Earnings per share – basic
$
0.20

 
$
0.19

Earnings per share – diluted:
 
 
 
From continuing operations
$
0.20

 
$
0.13

From discontinued operations

 
0.06

Earnings per share – diluted
$
0.20

 
$
0.19

Summary of Cash Dividends Declared
The following summarizes the cash dividends declared for the three months ended March 31, 2015 and 2014:
 
Three Months Ended
 
March 31,
 
2015
 
2014
Cash dividends declared per share
$
0.11

 
$
0.10