Net Income Per Share

12 Months Ended

Dec. 31, 2015

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 Years Ended December 31,
	2015	2014	2013
Weighted average shares outstanding:
Common shares	20,364,435	21,739,300	23,180,633
Vested restricted stock units	527,260	517,804	670,156
Basic number of weighted average shares outstanding	20,891,695	22,257,104	23,850,789
Dilutive effect of stock options	—	3,293	31,180
Dilutive effect of restricted stock and restricted stock units	89,058	71,004	127,624
Dilutive number of weighted average shares outstanding	20,980,753	22,331,401	24,009,593

For the years ended December 31, 2015, 2014 and 2013, there were no stock options, restricted stock or restricted stock units that would have been anti-dilutive.