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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 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 and six months ended June 30, 2015 and 2014 (in thousands, except per share amounts):
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2015
 
2014
 
2015
 
2014
Numerator:
 
 
 
 
 
 
 
Income from continuing operations
$
11,593

 
$
7,953

 
$
17,378

 
$
12,342

Income from discontinued operations, net of tax

 
2,750

 

 
4,610

Net income
$
11,593

 
$
10,703

 
$
17,378

 
$
16,952

Denominator:
 
 
 
 
 
 
 
Weighted average shares outstanding – basic
28,134

 
32,481

 
28,204

 
32,729

Common stock equivalents
203

 
229

 
203

 
215

Weighted average shares outstanding – diluted
28,337

 
32,710

 
28,407

 
32,944

Earnings per share – basic:
 
 
 
 
 
 
 
From continuing operations
$
0.41

 
$
0.24

 
$
0.62

 
$
0.38

From discontinued operations

 
0.09

 

 
0.14

Earnings per share – basic
$
0.41

 
$
0.33

 
$
0.62

 
$
0.52

Earnings per share – diluted:
 
 
 
 
 
 
 
From continuing operations
$
0.41

 
$
0.24

 
$
0.61

 
$
0.37

From discontinued operations

 
0.09

 

 
0.14

Earnings per share – diluted
$
0.41

 
$
0.33

 
$
0.61

 
$
0.51

Summary of Cash Dividends Declared
The following summarizes the dividends declared for the three and six months ended June 30, 2015 and 2014:
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2015
 
2014
 
2015
 
2014
Dividends declared per share
$
0.11

 
$
0.10

 
$
0.22

 
$
0.20