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Earnings Per Common Share (EPS)
 12 Months Ended
Dec. 31, 2014
Earnings Per Share, Basic and Diluted [Abstract]  
Earnings Per Common Share (EPS)
EARNINGS PER COMMON SHARE (EPS)

The computation of weighted average shares outstanding and the basic and diluted earnings per common share for the following periods consisted of the following (in thousands, except per share amounts):

 
Net
Income
 
Shares
 
Per Share
Amount
Year ended December 31, 2014:
 

 
 

 
 

Basic EPS
$
22,974

 
43,143

 
$
0.53

Effect of dilutive stock options and warrants
 

 
266

 
 

 
 
 
 
 
 
Diluted EPS
$
22,974

 
43,409

 
$
0.53

 
 
 
 
 
 
Year ended December 31, 2013:
 

 
 

 
 

Basic EPS
$
16,570

 
42,607

 
$
0.39

Effect of dilutive stock options and warrants
 

 
277

 
 

 
 
 
 
 
 
Diluted EPS
$
16,570

 
42,884

 
$
0.39

 
 
 
 
 
 
Year ended December 31, 2012:
 

 
 

 
 

Basic EPS
$
19,710

 
42,176

 
$
0.47

Effect of dilutive stock options and warrants
 

 
434

 
 

 
 
 
 
 
 
Diluted EPS
$
19,710

 
42,610

 
$
0.46



For the years ended December 31, 2014, 2013 and 2012, approximately 1,292,000, 1,823,000 and 1,588,000, respectively, of stock options were not included in the computation of diluted earnings per share because their effect would have been anti-dilutive.