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Earnings Per Common Share (Tables)
6 Months Ended
Jun. 30, 2014
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,

 

 

2014

 

2013

 

2014

 

2013

 

 

 

Numerator for basic and diluted earnings per common share -

 

 

 

 

 

 

 

 

Income available to common stockholders:

 

 

 

 

 

 

 

 

Income from continuing operations

$

6,848 

$

7,257 

$

10,497 

$

12,208 

Income from discontinued operations

 

14 

 

38 

 

14 

 

14 

Net income

$

6,862 

$

7,295 

$

10,511 

$

12,222 

Denominator:

 

 

 

 

 

 

 

 

Weighted average shares

 

10,223 

 

10,173 

 

10,210 

 

10,165 

Denominator for basic earnings per common share

 

10,223 

 

10,173 

 

10,210 

 

10,165 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

Employee stock options

 

 

12 

 

 

12 

Other stock compensation plans

 

80 

 

68 

 

92 

 

61 

Dilutive potential common shares

 

86 

 

80 

 

99 

 

73 

Denominator for diluted earnings per common share - adjusted weighted average shares and assumed conversions

 

10,309 

 

10,253 

 

10,309 

 

10,238 

Basic earnings per common share:

 

 

 

 

 

 

 

 

Continuing operations

$

0.67 

$

0.71 

$

1.03 

$

1.20 

Discontinued operations

 

0.00 

 

0.00 

 

0.00 

 

0.00 

Basic earnings per common share

$

0.67 

$

0.72 

$

1.03 

$

1.20 

Diluted earnings per common share:

 

 

 

 

 

 

 

 

Continuing operations

$

0.66 

$

0.71 

$

1.02 

$

1.19 

Discontinued operations

 

0.00 

 

0.00 

 

0.00 

 

0.00 

Diluted earnings per common share

$

0.67 

$

0.71 

$

1.02 

$

1.19 

Dividends paid per common share

$

0.03 

$

0.03 

$

0.06 

$

0.06