XML 127 R51.htm IDEA: XBRL DOCUMENT v2.4.1.9
Income Per Share - (Tables)
12 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Income Per Share
The following table illustrates the computation of basic and diluted income per share for 2014, 2013, and 2012 (in thousands, except share and earnings per share information):
 
For the years ended December 31,
 
2014
 
2013
 
2012
Distributed earnings
$
8,614

 
$
10,234

 
$
2,664

Undistributed earnings (distributions in excess of earnings)
562

 
(3,307
)
 
(3,207
)
Net income (loss)
$
9,176

 
$
6,927

 
$
(543
)
Less: earnings allocated to participating securities
(38
)
 
(17
)
 

Earnings allocated to common shareholders
$
9,138

 
$
6,910

 
$
(543
)
Weighted average shares outstanding for basic earnings per common share
42,404,609

 
50,790,410

 
52,214,175

Dilutive effect of equity awards
16,405

 
34,012

 

Dilutive effect of warrants

 

 

Weighted average shares outstanding for diluted earnings per common share
42,421,014

 
50,824,422

 
52,214,175

Basic earnings (loss) per share
$
0.22

 
$
0.14

 
$
(0.01
)
Diluted earnings (loss) per share
$
0.22

 
$
0.14

 
$
(0.01
)