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EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2013
EARNINGS PER SHARE  
Schedule of basic and diluted earnings per share

 

(In thousands, except per share amounts)

 

2013

 

2012

 

2011

 

Income from continuing operations

 

$

29,964

 

$

4,965

 

$

24,288

 

Less: net income attributable to noncontrolling interest

 

330

 

531

 

572

 

Income attributable to common shareholders before allocation of earnings to participating securities

 

29,634

 

4,434

 

23,716

 

Less: earnings allocated to participating securities

 

466

 

351

 

429

 

Income from continuing operations attributable to common shareholders

 

29,168

 

4,083

 

23,287

 

Net income from discontinued operations

 

1,177

 

1,206

 

2,694

 

Net income attributable to common shareholders

 

$

30,345

 

$

5,289

 

$

25,981

 

 

 

 

 

 

 

 

 

Weighted-average number of common shares outstanding

 

39,764

 

34,652

 

29,600

 

 

 

 

 

 

 

 

 

Basic and diluted earnings per common share:

 

 

 

 

 

 

 

Income from continuing operations

 

$

0.73

 

$

0.12

 

$

0.79

 

Income from discontinued operations, net of tax

 

0.03

 

0.03

 

0.09

 

Net income per common share attributable to common shareholders

 

 

 

 

 

 

 

 

 

 

$

0.76

 

$

0.15

 

$

0.88