XML 75 R26.htm IDEA: XBRL DOCUMENT v2.4.1.9
Stockholders' Equity (Tables)
12 Months Ended
Dec. 31, 2014
Equity [Abstract]  
Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share (in thousands, except share and per share data):

 

     Year Ended December 31,  
     2014      2013      2012  

Numerator:

        

Net income

   $ 41,521       $ 34,598       $ 2,720   
  

 

 

    

 

 

    

 

 

 

Denominator:

        

Basic weighted average shares outstanding

     32,319,649         33,589,682         32,247,184   

Effect of dilutive securities:

        

SARS and options

     262,730         510,706         812,964   

Restricted stock

     168,695         173,114         103,598   

Convertible notes

     —           —           965,966   
  

 

 

    

 

 

    

 

 

 

Diluted weighted average shares outstanding

     32,751,074         34,273,502         34,129,712   
  

 

 

    

 

 

    

 

 

 

Basic earnings per share

   $ 1.28       $ 1.03       $ 0.08   
  

 

 

    

 

 

    

 

 

 

Diluted earnings per share

   $ 1.27       $ 1.01       $ 0.08   
  

 

 

    

 

 

    

 

 

 
Antidilutive Securities Excluded from Computation of Earnings Per Share

The computation of diluted earnings per share excludes the following potentially dilutive securities because the effect would be anti-dilutive:

 

     Year Ended December 31,  
     2014      2013      2012  

Restricted stock and stock options

     2,633         118,596         234,644   

Stock appreciation rights

     1,969         73,154         242,412