Basic and Diluted Net Income per Common Share (Tables)

12 Months Ended

Dec. 31, 2014

Earnings Per Share [Abstract]

Reconciliation of earnings per share

The numerators and denominators used in computing basic and diluted net income per common share for the years ended December 31, 2014, 2013 and 2012 can be reconciled as follows (dollars in thousands, except per share data):

	2014		2013		2012
Net income	$	3,737	$	50,845	$	5,951
Weighted-average shares outstanding - basic	62,265,230		47,186,756		47,127,737
Dilutive securities	74,640		296,956		150,287
Weighted-average shares outstanding - diluted	62,339,870		47,483,712		47,278,024
Common stock equivalent shares excluded due to antidilutive effect	85,901		64,171		139,346
Basic and diluted:
Net income per common share (basic)	$	0.06	$	1.08	$	0.13
Net income per common share (diluted)	$	0.06	$	1.07	$	0.13