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Income Per Common Share (Tables)
6 Months Ended
Jun. 30, 2014
Income Per Common Share [Abstract]  
Computation Of Basic And Diluted Income (Loss) Per Common Share

 

Three Months Ended

 

Six Months Ended

 

June 30,

 

June 30,

Basic income per common share

2014

 

2013

 

2014

 

2013

Net income

$

2,161 

 

$

1,785 

 

$

3,220 

 

$

3,977 

Net income allocated to participating securities

 

(38)

 

 

(40)

 

 

(60)

 

 

(91)

Net income allocated to common shareholders

$

2,123 

 

$

1,745 

 

$

3,160 

 

$

3,886 

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted-average common shares outstanding

 

27,502 

 

 

26,856 

 

 

27,439 

 

 

26,858 

Basic income per common share

$

0.08 

 

$

0.06 

 

$

0.12 

 

$

0.14 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

June 30,

 

June 30,

Diluted income per common share

2014

 

2013

 

2014

 

2013

Net income

$

2,161 

 

$

1,785 

 

$

3,220 

 

$

3,977 

Net income allocated to participating securities

 

(37)

 

 

(40)

 

 

(59)

 

 

(90)

Net income allocated to common shareholders

$

2,124 

 

$

1,745 

 

$

3,161 

 

$

3,887 

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted-average common shares outstanding

 

27,502 

 

 

26,856 

 

 

27,439 

 

 

26,858 

Effect of dilutive stock options and awardsa

 

815 

 

 

513 

 

 

943 

 

 

598 

Diluted weighted-average common shares outstanding

 

28,317 

 

 

27,369 

 

 

28,382 

 

 

27,456 

Diluted income per common share

$

0.08 

 

$

0.06 

 

$

0.11 

 

$

0.14 

___________________  

aThe Company excluded stock options from the calculation of diluted weighted-average common shares outstanding if the per share value, including the sum of (i) the exercise price of the options and (ii) the amount of the compensation cost attributed to future services and not yet recognized, was greater than the average market price of the shares because the inclusion of these stock options would be antidilutive to income per common share.  Accordingly, stock options to purchase a weighted-average 485,000 shares and 182,000 shares for the three and six months ended June 30, 2014, respectively, and 1.3 million shares and 1.2 million shares for the three and six months ended June 30, 2013, respectively, were excluded from the calculation of diluted weighted-average common shares outstanding.