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Earnings per Share (Tables)
9 Months Ended
Sep. 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):

 

Basic and diluted

 

 

Three months ended

 

Nine months ended

 

 

 

September 30,

 

September 30,

 

 

 

2015

 

2014

 

2015

 

2014

 

Net income

 

$

6,862 

 

$

6,950 

 

$

15,802 

 

$

16,341 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding — basic

 

87,299 

 

87,736 

 

88,019 

 

87,660 

 

Plus: net effect of dilutive stock options

 

94 

 

272 

 

157 

 

293 

 

Plus: net effect of dilutive restricted stock awards and units

 

399 

 

225 

 

275 

 

192 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding — diluted

 

87,792 

 

88,233 

 

88,451 

 

88,145 

 

 

 

 

 

 

 

 

 

 

 

Net income per common share — basic

 

$

0.08 

 

$

0.08 

 

$

0.18 

 

$

0.19 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income per common share — diluted

 

$

0.08 

 

$

0.08 

 

$

0.18 

 

$

0.19