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Earnings Per Common Share
12 Months Ended
Dec. 31, 2014
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:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2014

 

2013

 

2012

 

 

 

 

 

 

 

Numerator for basic and diluted earnings per common share -

 

 

 

 

 

 

Income available to common stockholders:

 

 

 

 

 

 

Income from continuing operations

$

25,654 

$

29,276 

$

14,764 

Income from discontinued operations

 

 

14 

 

1,424 

Net income

$

25,656 

$

29,290 

$

16,188 

Denominator:

 

 

 

 

 

 

Weighted average shares

 

10,225 

 

10,175 

 

10,124 

Denominator for basic earnings per common share

 

10,225 

 

10,175 

 

10,124 

Effect of dilutive securities:

 

 

 

 

 

 

Employee stock options

 

 

11 

 

16 

Other stock compensation plans

 

101 

 

74 

 

94 

Dilutive potential common shares

 

107 

 

85 

 

110 

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

 

10,332 

 

10,260 

 

10,234 

Basic earnings per common share:

 

 

 

 

 

 

Continuing operations

$

2.51 

$

2.88 

$

1.46 

Discontinued operations

 

0.00 

 

0.00 

 

0.14 

Basic earnings per common share

$

2.51 

$

2.88 

$

1.60 

Diluted earnings per common share:

 

 

 

 

 

 

Continuing operations

$

2.48 

$

2.85 

$

1.44 

Discontinued operations

 

0.00 

 

0.00 

 

0.14 

Diluted earnings per common share

$

2.48 

$

2.85 

$

1.58 

Dividends paid per common share

$

0.13 

$

0.12 

$

0.10 

 

There were no antidilutive shares in 2014, 2013, and 2012.