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Earnings per Share (Tables)
6 Months Ended
Jun. 30, 2015
Earnings per Share  
Schedule of basic and diluted earnings per share

 

The following table reconciles the basic to diluted weighted average common shares outstanding using the treasury stock method (in thousands, except per share data):

 

 

 

June 30,

 

June 30,

 

 

 

Three months ended

 

Six months ended

 

 

 

2015

 

2014

 

2015

 

2014

 

Net income

 

$

5,418 

 

$

6,038 

 

$

8,940 

 

$

9,391 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding — basic

 

88,523 

 

87,691 

 

88,385 

 

87,564 

 

Plus: net effect of dilutive stock options

 

153 

 

230 

 

167 

 

301 

 

Plus: net effect of dilutive restricted stock awards and units

 

232 

 

171 

 

219 

 

168 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding — diluted

 

88,908 

 

88,092 

 

88,771 

 

88,033 

 

 

 

 

 

 

 

 

 

 

 

Net income per common share — basic

 

$

0.06 

 

$

0.07 

 

$

0.10 

 

$

0.11 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income per common share — diluted

 

$

0.06 

 

$

0.07 

 

$

0.10 

 

$

0.11