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Net Income Per Share
9 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Net Income Per Share
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 
 September 30,
 
For the Nine Months Ended 
 September 30,
 
2014
 
2013
 
2014
 
2013
Weighted average shares outstanding:
 
 
 
 
 
 
 
    Common shares
21,402,969

 
22,991,709

 
21,978,263

 
23,323,319

    Vested restricted stock units
485,622

 
680,926

 
772,605

 
666,526

Basic number of weighted average shares outstanding
21,888,591

 
23,672,635

 
22,750,868

 
23,989,845

    Dilutive effect of stock options

 
27,852

 
4,393

 
34,940

    Dilutive effect of restricted stock and restricted stock units
6,631

 
7,556

 
20,936

 
22,658

Dilutive number of weighted average shares outstanding
21,895,222

 
23,708,043

 
22,776,197

 
24,047,443



For the three and nine months ended September 30, 2014 and 2013, there were no stock options, restricted stock or restricted stock units that would have been anti-dilutive.