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Earnings Per Common Share (Tables)
12 Months Ended
Dec. 31, 2012
Earnings Per Common Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2012

 

2011

 

2010

 

 

In thousands, except per share amounts

Numerator for basic and diluted earnings per common share -

 

 

 

 

 

 

Income available to common stockholders:

 

 

 

 

 

 

Income from continuing operations

$

14,764 

$

22,067 

$

20,006 

Income from discontinued operations

 

1,424 

 

828 

 

486 

Net income

$

16,188 

$

22,895 

$

20,492 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

Weighted average shares

 

10,124 

 

10,209 

 

10,219 

Denominator for basic earnings per common share

 

10,124 

 

10,209 

 

10,219 

 

 

 

 

 

 

 

Effect of dilutive securities:

 

 

 

 

 

 

Employee stock options

 

16 

 

29 

 

67 

Other stock compensation plans

 

94 

 

74 

 

62 

Dilutive potential common shares

 

110 

 

103 

 

129 

Denominator for diluted earnings per common share -

 

 

 

 

 

 

adjusted weighted average shares and assumed conversions

 

10,234 

 

10,312 

 

10,348 

Basic earnings per share:

 

 

 

 

 

 

Continuing operations

$

1.46 

$

2.16 

$

1.96 

Discontinued operations

 

0.14 

 

0.08 

 

0.05 

Basic earnings per common share

$

1.60 

$

2.24 

$

2.01 

Diluted earnings per share:

 

 

 

 

 

 

Continuing operations

$

1.44 

$

2.14 

$

1.93 

Discontinued operations

 

0.14 

 

0.08 

 

0.05 

Diluted earnings per common share

$

1.58 

$

2.22 

$

1.98 

 

 

 

 

 

 

 

Dividends paid per common share

$

0.10 

$

0.10 

$

 -