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Income Per Common Share (Tables)
12 Months Ended
Dec. 31, 2015
Income Per Common Share [Abstract]  
Computation Of Basic And Diluted Income Per Common Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic income per common share

2015

 

2014

 

2013

Net income

$

4,005 

 

$

7,322 

 

$

16,172 

Net income allocated to participating securities

 

(87)

 

 

(161)

 

 

(367)

Net income allocated to common shareholders

$

3,918 

 

$

7,161 

 

$

15,805 

 

 

 

 

 

 

 

 

 

Basic weighted-average common shares outstanding

 

27,744 

 

 

27,379 

 

 

26,885 

Basic income per common share

$

0.14 

 

$

0.26 

 

$

0.59 

 

 

 

 

 

 

 

 

 

Diluted income per common share

2015

 

2014

 

2013

Net income

$

4,005 

 

$

7,322 

 

$

16,172 

Net income allocated to participating securities

 

(87)

 

 

(158)

 

 

(359)

Net income allocated to common shareholders

$

3,918 

 

$

7,164 

 

$

15,813 

 

 

 

 

 

 

 

 

 

Basic weighted-average common shares outstanding

 

27,744 

 

 

27,379 

 

 

26,885 

Effect of dilutive options and awardsa

 

798 

 

 

934 

 

 

813 

Diluted weighted-average common shares outstanding

 

28,542 

 

 

28,313 

 

 

27,698 

Diluted income per common share

$

0.14 

 

$

0.25 

 

$

0.57 

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 710,000,  335,000, and 656,000 shares for the years ended December 31, 2015,  2014, and 2013, respectively, were excluded from the calculation of diluted weighted-average common shares outstanding.