Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v2.4.0.6
Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2012
Earnings Per Share  
Schedule of computation of basic and diluted earnings per share

 

 

 

Three months ended

 

Nine months ended

 

 

 

September 30,
2012

 

September 30,
2011

 

September 30,
2012

 

September 30,
2011

 

Basic earnings per common share

 

 

 

 

 

 

 

 

 

Net income

 

$

2,346

 

$

3,967

 

$

7,051

 

$

12,890

 

Less income allocated to participating securities

 

19

 

51

 

51

 

271

 

Net income allocated to common shareholders

 

$

2,327

 

$

3,916

 

$

7,000

 

$

12,619

 

Weighted average common shares outstanding

 

21,922,173

 

21,760,753

 

21,885,301

 

21,609,810

 

 

 

$

0.11

 

$

0.18

 

$

0.32

 

$

0.59

 

 

 

 

 

 

 

 

 

 

 

Earnings per common share assuming dilution

 

 

 

 

 

 

 

 

 

Net income

 

$

2,346

 

$

3,967

 

$

7,051

 

$

12,890

 

Less income allocated to participating securities

 

19

 

51

 

51

 

271

 

Net income allocated to common shareholders

 

$

2,327

 

$

3,916

 

$

7,000

 

$

12,619

 

Weighted average common shares outstanding

 

21,922,173

 

21,760,753

 

21,885,301

 

21,609,810

 

Incremental shares applicable to stock based compensation

 

56,842

 

77,309

 

73,172

 

145,742

 

Weighted average common shares assuming dilution

 

21,979,015

 

21,838,062

 

21,958,473

 

21,755,552

 

 

 

$

0.10

 

$

0.18

 

$

0.31

 

$

0.57