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Earnings Per Common Share
 12 Months Ended
Dec. 31, 2013
Earnings Per Common Share [Abstract]  
EARNINGS PER COMMON SHARE

Note 14.

 

Earnings Per Common Share

 

The following table sets forth the computation of basic and diluted earnings per common share for the three years ended December 31:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2013

 

2012

 

2011

 

 

 

 

 

 

 

Numerator for basic and diluted earnings per common share -

 

 

 

 

 

 

Income available to common stockholders:

 

 

 

 

 

 

Income from continuing operations

$
29,276 

$
14,764 

$
22,067 

Income from discontinued operations

 
14 

 
1,424 

 
828 

Net income

$
29,290 

$
16,188 

$
22,895 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

Weighted average shares

 
10,175 

 
10,124 

 
10,209 

Denominator for basic earnings per common share

 
10,175 

 
10,124 

 
10,209 

 

 

 

 

 

 

 

Effect of dilutive securities:

 

 

 

 

 

 

Employee stock options

 
11 

 
16 

 
29 

Other stock compensation plans

 
74 

 
94 

 
74 

Dilutive potential common shares

 
85 

 
110 

 
103 

Denominator for diluted earnings per common share -

 

 

 

 

 

 

adjusted weighted average shares and assumed conversions

 
10,260 

 
10,234 

 
10,312 

Basic earnings per common share:

 

 

 

 

 

 

Continuing operations

$
2.88 

$
1.46 

$
2.16 

Discontinued operations

 
0.00 

 
0.14 

 
0.08 

Basic earnings per common share

$
2.88 

$
1.60 

$
2.24 

Diluted earnings per common share:

 

 

 

 

 

 

Continuing operations

$
2.85 

$
1.44 

$
2.14 

Discontinued operations

 
0.00 

 
0.14 

 
0.08 

Diluted earnings per common share

$
2.85 

$
1.58 

$
2.22 

 

 

 

 

 

 

 

Dividends paid per common share

$
0.12 

$
0.10 

$
0.10 

 

There were no antidilutive shares in 2013, 2012 and 2011.