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Earnings Per Common Share (Tables)
12 Months Ended
Dec. 31, 2013
Earnings Per Common Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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