| Schedule of computation of basic and diluted earnings per share |
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Three Months Ended
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Nine Months Ended
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September 30,
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September 30,
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September 30,
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September 30,
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2014
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2013
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2014
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2013
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Basic earnings per common share
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Net income
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$
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10,762
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$
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603
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$
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26,930
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$
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3,108
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Less income allocated to participating securities
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155
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9
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397
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45
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Net income allocated to common shareholders
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$
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10,607
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$
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594
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$
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26,533
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$
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3,063
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Weighted average common shares outstanding
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22,197,609
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22,053,555
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22,158,690
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22,021,226
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$
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0.48
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$
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0.03
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$
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1.20
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$
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0.14
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Earnings per common share assuming dilution
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Net income
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$
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10,762
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$
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603
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$
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26,930
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$
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3,108
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Less income allocated to participating securities
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155
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9
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397
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45
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Net income allocated to common shareholders
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$
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10,607
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$
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594
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$
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26,533
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$
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3,063
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Weighted average common shares outstanding
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22,197,609
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22,053,555
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22,158,690
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22,021,226
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Incremental shares applicable to stock based compensation
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20,443
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26,482
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19,998
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40,487
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Weighted average common shares assuming dilution
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22,218,052
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22,080,037
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22,178,688
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22,061,713
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$
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0.47
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$
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0.02
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$
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1.19
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$
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0.13
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