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Income Per Common Share (Tables)
12 Months Ended
Dec. 31, 2016
Income Per Common Share [Abstract]  
Computation Of Basic And Diluted Income Per Common Share



 

 

 

 

 

 

 

 

Basic income per common share

2016

 

2015

 

2014

Net income

$

10,778 

 

$

4,005 

 

$

7,322 

Net income allocated to participating securities

 

(208)

 

 

(87)

 

 

(161)

Net income allocated to common shareholders

$

10,570 

 

$

3,918 

 

$

7,161 



 

 

 

 

 

 

 

 

Basic weighted-average common shares outstanding

 

31,855 

 

 

27,744 

 

 

27,379 

Basic income per common share

$

0.33 

 

$

0.14 

 

$

0.26 



 

 

 

 

 

 

 

 

Diluted income per common share

2016

 

2015

 

2014

Net income

$

10,778 

 

$

4,005 

 

$

7,322 

Net income allocated to participating securities

 

(202)

 

 

(87)

 

 

(158)

Net income allocated to common shareholders

$

10,576 

 

$

3,918 

 

$

7,164 



 

 

 

 

 

 

 

 

Basic weighted-average common shares outstanding

 

31,855 

 

 

27,744 

 

 

27,379 

Effect of dilutive options and awardsa

 

967 

 

 

798 

 

 

934 

Diluted weighted-average common shares outstanding

 

32,822 

 

 

28,542 

 

 

28,313 

Diluted income per common share

$

0.32 

 

$

0.14 

 

$

0.25 

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 1,000,  710,000, and 335,000 shares for the years ended December 31, 2016,  2015, and 2014, respectively, were excluded from the calculation of diluted weighted-average common shares outstanding.