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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2013
Earnings Per Share  
Schedule of earnings per share computation

 

 

 
  Year Ended December 31,  
 
  2013   2012   2011  
 
  (in thousands except per share data)
 

Numerator for basic and diluted earnings per share:

                   

Earnings from continuing operations

  $ 4,395   $ 17,855   $ 11,986  

Earnings from discontinued operation

    642          

Gain on disposal of discontinued operations

    4,890              

Earnings allocated to participating securities

    (3 )   (125 )   (162 )
               

Net earnings applicable to common shareholders

  $ 9,924   $ 17,730   $ 11,824  
               
               

Denominator:

    11,801              

Denominator for basic earnings per share—weighted average shares

          11,557     11,463  

Assumed exercise of stock options

    28     24     25  

Assumed satisfaction of restricted stock conditions

    62     15     1  

Assumed satisfaction of performance share conditions

            59  
               

Denominator for diluted earnings per share—adjusted weighted average shares

    11,891     11,596     11,548