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Earnings Per Common Share (Tables)
6 Months Ended
Jun. 30, 2013
Earnings Per Common Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

June 30,

 

June 30,

 

 

2013

 

2012

 

2013

 

2012

 

 

 

Numerator for basic and diluted earnings per common share -

 

 

 

 

 

 

 

 

Income (loss) available to common stockholders:

 

 

 

 

 

 

 

 

Income (loss) from continuing operations

$

7,257 

$

(3,321)

$

12,208 

$

(342)

Income from discontinued operations

 

38 

 

1,250 

 

14 

 

1,640 

Net income (loss)

$

7,295 

$

(2,071)

$

12,222 

$

1,298 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

Weighted average shares

 

10,173 

 

10,121 

 

10,165 

 

10,105 

Denominator for basic earnings per common share

 

10,173 

 

10,121 

 

10,165 

 

10,105 

 

 

 

 

 

 

 

 

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

Employee stock options

 

12 

 

 -

 

12 

 

18 

Other stock compensation plans

 

68 

 

 -

 

61 

 

71 

Dilutive potential common shares

 

80 

 

 -

 

73 

 

89 

Denominator for diluted earnings per common share -

 

 

 

 

 

 

 

 

adjusted weighted average shares and assumed conversions

 

10,253 

 

10,121 

 

10,238 

 

10,194 

Basic earnings (loss) per common share:

 

 

 

 

 

 

 

 

Continuing operations

$

0.71 

$

(0.33)

$

1.20 

$

(0.03)

Discontinued operations

 

0.00 

 

0.12 

 

0.00 

 

0.16 

Basic earnings (loss) per common share

$

0.72 

$

(0.20)

$

1.20 

$

0.13 

Diluted earnings (loss) per common share:

 

 

 

 

 

 

 

 

Continuing operations

$

0.71 

$

(0.33)

$

1.19 

$

(0.03)

Discontinued operations

 

0.00 

 

0.12 

 

0.00 

 

0.16 

Diluted earnings (loss) per common share

$

0.71 

$

(0.20)

$

1.19 

$

0.13 

 

 

 

 

 

 

 

 

 

Dividends paid per common share

$

0.030 

$

0.025 

$

0.060 

$

0.050