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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2014
Computation of Diluted Earnings (Loss) Per Share with Exclusion of Antidilutive Securities

The table which follows sets forth the manner in which diluted earnings per common share for the three and nine month periods ended September 30, 2014 and 2013 were calculated.

 

     Three Months Ended
September 30,
     Nine Months Ended
September 30,
 
     2014      2013      2014      2013  
     (In thousands)  

Numerator:

           

Net earnings

   $ 582       $ 487       $ 631       $ 645   
  

 

 

    

 

 

    

 

 

    

 

 

 

Denominator:

           

Weighted average shares outstanding(1)

     4,936         4,712         4,896         4,679   

Dilutive effect of stock options and non-vested restricted shares

     4         92         25         81   
  

 

 

    

 

 

    

 

 

    

 

 

 

Denominator for diluted net earnings per share

     4,940         4,804         4,921         4,760   
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(1) Does not include unvested restricted shares.