Net Income Per Share

6 Months Ended

Jun. 30, 2013

Net Income Per Share [Abstract]

Net Income Per Share

11.         NET INCOME PER SHARE

Basic net income per share has been computed by dividing net income by the basic number of weighted average shares outstanding.  Diluted net income per share has been computed by dividing net income by the diluted number of weighted average shares outstanding using the treasury stock method.  The share effect is as follows:

	For the Three Months Ended June 30,		For the Six Months Ended June 30,
	2013	2012	2013	2012
Weighted average shares outstanding:
Common shares	23,293,173	25,354,677	23,491,872	25,446,821
Vested restricted stock units	680,926	570,950	659,208	546,568
Basic number of weighted average shares outstanding	23,974,099	25,925,627	24,151,080	25,993,389
Dilutive effect of stock options	37,814	48,202	38,536	52,862
Dilutive effect of restricted stock and restricted stock units	5,360	6,043	30,787	36,861
Dilutive number of weighted average shares outstanding	24,017,273	25,979,872	24,220,403	26,083,112

For the three months ended June 30, 2013 and 2012 and the six months ended June 30, 2013, there were no stock options, restricted stock or restricted stock units that would have been anti-dilutive.  For the six months ended June 30, 2012, there were 8,422 shares of restricted stock outstanding, excluded from the calculation of diluted net income per share because the impact would have been anti-dilutive.