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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2014
Accounting Policies [Abstract]  
Activity in the allowance for doubtful accounts
The activity in the allowance for doubtful accounts during the years ended December 31, 2014, 2013 and 2012 was as follows:
 
 
 
 
 
 
 
 
 
Write Off of
 
 
 
 
 
 
Balance
 
Charged to
 
Uncollectible
 
Balance at
 
 
 
at Beginning
 
Costs and
 
Accounts, Net of
 
End of
 
Year Ended
 
of Period
 
Expenses
 
Recoveries
 
Period
 
 
 
(In thousands)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2014
 
$
578
 
$
139
 
$
(322)
 
$
395
 
December 31, 2013
 
$
577
 
$
293
 
$
(292)
 
$
578
 
December 31, 2012
 
$
794
 
$
134
 
$
(351)
 
$
577
 
Property and equipment
Property and equipment consisted of the following:
 
 
 
Estimated
 
December 31,
 
 
 
Useful Life
 
2014
 
2013
 
 
 
 
 
(In thousands)
 
 
 
 
 
 
 
 
 
 
 
Land and land improvements
 
 
$
11,026
 
$
10,984
 
Buildings
 
31.5 years
 
 
33,275
 
 
32,378
 
Towers and antennae
 
7-15 years
 
 
26,191
 
 
25,761
 
Equipment
 
3-15 years
 
 
79,216
 
 
77,908
 
Furniture, fixtures and leasehold improvements
 
7-20 years
 
 
8,104
 
 
7,926
 
Vehicles
 
5 years
 
 
3,790
 
 
3,805
 
 
 
 
 
 
161,602
 
 
158,762
 
Accumulated depreciation
 
 
 
 
(106,415)
 
 
(102,425)
 
Net property and equipment
 
 
 
$
55,187
 
$
56,337
 
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,
 
 
 
2014
 
2013
 
2012
 
 
 
(In thousands, except per share data)
 
 
 
 
 
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
 
 
 
Net income
 
$
14,904
 
$
15,273
 
$
17,925
 
Less: Net income allocated to unvested participating securities
 
 
234
 
 
135
 
 
 
Net income available to common stockholders
 
$
14,670
 
$
15,138
 
$
17,925
 
Denominator:
 
 
 
 
 
 
 
 
 
 
Denominator for basic earnings per share-weighted average shares
 
 
5,700
 
 
5,681
 
 
5,659
 
Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
Stock options
 
 
53
 
 
64
 
 
13
 
Denominator for diluted earnings per share — adjusted weighted-average shares and assumed conversions
 
 
5,753
 
 
5,745
 
 
5,672
 
Basic earnings per share
 
$
2.57
 
$
2.66
 
$
3.17
 
Diluted earnings per share
 
$
2.55
 
$
2.64
 
$
3.16