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EARNINGS PER SHARE
3 Months Ended
Mar. 31, 2013
EARNINGS PER SHARE  
EARNINGS PER SHARE

NOTE 12.                EARNINGS PER SHARE

 

 

 

Three Months Ended March 31,

 

$s and shares in thousands, except per share 

 

2013

 

2012

 

amounts

 

Basic

 

Diluted

 

Basic

 

Diluted

 

Net income

 

$

5,406

 

$

5,406

 

$

4,523

 

$

4,523

 

Weighted average basic shares outstanding

 

18,320

 

18,320

 

18,218

 

18,218

 

 

 

 

 

 

 

 

 

 

 

Dilutive effect of stock options and restricted stock

 

 

 

87

 

 

 

36

 

Weighted average diluted shares outstanding

 

 

 

18,407

 

 

 

18,254

 

 

 

 

 

 

 

 

 

 

 

Earnings per share

 

$

0.30

 

$

0.29

 

$

0.25

 

$

0.25

 

Anti-dilutive shares excluded from calculation

 

 

 

221

 

 

 

317