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NET INCOME PER SHARE (Tables)
6 Months Ended
Jun. 30, 2014
NET INCOME PER SHARE  
Schedule of computation of basic and diluted net income per share

 

 

 

 

Three Months Ended June 30, 2013

 

Six Months Ended June 30, 2013

 

 

 

Net Loss
(Numerator)

 

Weighted
Average
Common
Shares
Outstanding
(Denominator)

 

Per Share
Amount

 

Net Income
(Numerator)

 

Weighted
Average
Common
Shares
Outstanding
(Denominator)

 

Per Share
Amount

 

 

 

(in thousands, except per share data)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

2,842

 

 

 

 

 

$

6,779

 

 

 

 

 

Less: amounts allocated to nonvested shares

 

(28

)

 

 

 

 

(67

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic net income available to common stockholders

 

2,814

 

35,933

 

$

0.08

 

6,712

 

35,765

 

$

0.18

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock options

 

 

926

 

 

 

 

937

 

 

 

Add back: amounts allocated to nonvested shares

 

28

 

 

 

 

67

 

 

 

 

Less: amounts re-allocated to nonvested shares

 

(28

)

 

 

 

(67

)

 

 

 

Diluted net income available to common stockholders

 

$

2,814

 

36,859

 

$

0.08

 

$

6,712

 

36,702

 

$

0.18