XML 73 R20.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings Per Share
 3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Earnings Per Share
Note 13.
Earnings Per Share

The following are reconciliations of the earnings available to common stockholders and the shares used in calculating basic and dilutive net earnings per common share (in thousands, except per share data):

 
 
Three Months Ended
 
 
 
March 31,
 
Basic Net Earnings Per Common Share:
 
2014
  
2013
 
Earnings from continuing operations
 
$
12,407
  
$
9,566
 
Loss from discontinued operations
  
(682
)
  
(392
)
Net earnings available to common stockholders
 
$
11,725
  
$
9,174
 
 
        
Weighted average common shares outstanding
  
22,947
   
22,853
 
 
        
Earnings from continuing operations per common share
 
$
0.54
  
$
0.42
 
Loss from discontinued operations per common share
  
(0.03
)
  
(0.02
)
Basic net earnings per common share
 
$
0.51
  
$
0.40
 
 
        
Diluted Net Earnings Per Common Share:
        
Earnings from continuing operations
 
$
12,407
  
$
9,566
 
Loss from discontinued operations
  
(682
)
  
(392
)
Net earnings available to common stockholders
 
$
11,725
  
$
9,174
 
 
        
Weighted average common shares outstanding
  
22,947
   
22,853
 
Plus incremental shares from assumed conversions:
        
Dilutive effect of restricted stock and performance stock
  
272
   
234
 
Dilutive effect of stock options
  
6
   
8
 
Weighted average common shares outstanding – Diluted
  
23,225
   
23,095
 
 
        
Earnings from continuing operations per common share
 
$
0.53
  
$
0.41
 
Loss from discontinued operations per common share
  
(0.03
)
  
(0.01
)
Diluted net earnings per common share
 
$
0.50
  
$
0.40
 

The shares listed below were not included in the computation of diluted earnings per share because to do so would have been anti-dilutive for the periods presented or because they were excluded under the treasury method (in thousands):

 
 
Three Months Ended
 
 
 
March 31,
 
 
 
2014
  
2013
 
Stock options
  
6
   
14
 
Restricted and performance shares
  
308
   
253