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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2014
Earnings Per Share  
Schedule of reconciliation of basic to diluted weighted average shares outstanding

The following table reconciles the basic to diluted weighted average shares outstanding using the treasury stock method (shares in thousands):

 

 

 

Three Months Ended March 31

 

 

 

(in thousands, except per share data)

 

Basic and diluted

 

2014

 

2013

 

Net income

 

$

3,353

 

$

6,976

 

 

 

 

 

 

 

Net weighted average common shares outstanding, basic

 

87,436

 

87,138

 

Plus: net effect of dilutive stock options

 

336

 

1,485

 

Plus: net effect of dilutive restricted common shares

 

163

 

203

 

Weighted average common shares outstanding, diluted

 

87,935

 

88,826

 

Income per common share - Basic

 

$

0.04

 

$

0.08

 

Income per common share - Diluted

 

$

0.04

 

$

0.08