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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2013
Accounting Policies [Abstract]  
Property and equipment
Property and equipment consisted of the following:
 
 
 
Estimated
 
December 31,
 
 
 
Useful Life
 
2013
 
2012
 
 
 
 
 
 
(In thousands)
 
 
 
 
 
 
 
 
 
 
 
 
Land and land improvements
 
 
 
$
10,984
 
$
11,321
 
Buildings
 
 
31.5 years
 
 
32,378
 
 
32,367
 
Towers and antennae
 
 
7-15 years
 
 
25,761
 
 
25,687
 
Equipment
 
 
3-15 years
 
 
77,908
 
 
74,874
 
Furniture, fixtures and leasehold improvements
 
 
7-20 years
 
 
7,926
 
 
7,768
 
Vehicles
 
 
5 years
 
 
3,805
 
 
3,762
 
 
 
 
 
 
 
158,762
 
 
155,779
 
Accumulated depreciation
 
 
 
 
 
(102,425)
 
 
(97,317)
 
Net property and equipment
 
 
 
 
$
56,337
 
$
58,462
 
Computation of basic and diluted earnings per share
The following table sets forth the computation of basic and diluted earnings per share:
 
 
 
Years Ended December 31,
 
 
 
2013
 
2012
 
2011
 
 
 
(In thousands, except per share data)
 
 
 
 
 
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
 
 
 
Net income
 
$
15,273
 
$
17,925
 
$
12,631
 
Less: Net income allocated to unvested participating securities
 
 
135
 
 
 
 
 
Net income available to common stockholders
 
$
15,138
 
$
17,925
 
$
12,631
 
Denominator:
 
 
 
 
 
 
 
 
 
 
Denominator for basic earnings per share-weighted
    average shares
 
 
5,681
 
 
5,659
 
 
5,651
 
Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
Stock options
 
 
64
 
 
13
 
 
5
 
Denominator for diluted earnings per share — adjusted
    weighted-average shares and assumed conversions
 
 
5,745
 
 
5,672
 
 
5,656
 
Basic earnings per share
 
$
2.66
 
$
3.17
 
$
2.24
 
Diluted earnings per share
 
$
2.64
 
$
3.16
 
$
2.23