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Earnings Per Share
9 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share, for the periods indicated:
 
(In thousands, except per share amounts)
Three Months Ended
 
Nine Months Ended
September 30,
2014
 
September 30,
2013
 
September 30,
2014
 
September 30,
2013
Numerator:
 
 
 
 
 
 
 
Income from continuing operations
$
20,388

 
$
13,572

 
$
45,870

 
$
26,132

Denominator:
 
 
 
 
 
 
 

Denominator for basic earnings per share -
 

 
 

 
 

 
 

Weighted-average shares
18,259

 
17,245

 
18,123

 
17,142

Effect of dilutive stock options
475

 
618

 
534

 
570

Denominator for diluted earnings per share - Adjusted
 

 
 

 
 

 
 

weighted-average shares and assumed conversions
18,734

 
17,863

 
18,657

 
17,712

Basic income from continuing operations per share:
$
1.12

 
$
0.79

 
$
2.53

 
$
1.52

Diluted income from continuing operations per share:
1.09

 
0.76

 
2.46

 
1.48


Certain potential ordinary dilutive shares were excluded from the calculation of diluted weighted-average shares outstanding because they would have an anti-dilutive effect on net income per share (see table below).

 
Three Months Ended
 
September 30,
2014
 
September 30,
2013
Anti-dilutive shares excluded
22,050