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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2015
Accounting Policies [Abstract]  
Activity in the allowance for doubtful accounts
The activity in the allowance for doubtful accounts during the years ended December 31, 2015, 2014 and 2013 was as follows:
 
 
 
 
 
 
 
 
 
 
 
 
Write Off of
 
 
 
 
 
 
Balance
 
Charged to
 
Allowance
 
Uncollectible
 
Balance at
 
 
 
at Beginning
 
Costs and
 
From
 
Accounts, Net of
 
End of
 
Year Ended
 
of Period
 
Expenses
 
Acquisitions
 
Recoveries
 
Period
 
 
 
(in thousands)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2015
 
$
395
 
$
339
 
$
99
 
$
(169)
 
$
664
 
December 31, 2014
 
$
578
 
$
139
 
$
 
$
(322)
 
$
395
 
December 31, 2013
 
$
577
 
$
293
 
$
 
$
(292)
 
$
578
 
Property and equipment
Property and equipment consisted of the following:
 
 
 
Estimated
 
December 31,
 
 
 
Useful Life
 
2015
 
2014
 
 
 
 
 
(In thousands)
 
 
 
 
 
 
 
 
 
 
 
Land and land improvements
 
 
$
13,207
 
$
11,026
 
Buildings
 
31.5 years
 
 
34,543
 
 
33,275
 
Towers and antennae
 
7-15 years
 
 
27,616
 
 
26,191
 
Equipment
 
3-15 years
 
 
79,624
 
 
79,216
 
Furniture, fixtures and leasehold improvements
 
7-20 years
 
 
8,263
 
 
8,104
 
Vehicles
 
5 years
 
 
3,821
 
 
3,790
 
 
 
 
 
 
167,074
 
 
161,602
 
Accumulated depreciation
 
 
 
 
(108,943)
 
 
(106,415)
 
Net property and equipment
 
 
 
$
58,131
 
$
55,187
 
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,
 
 
 
2015
 
2014
 
2013
 
 
 
(In thousands, except per share data)
 
 
 
 
 
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
 
 
 
Net income
 
$
13,414
 
$
14,904
 
$
15,273
 
Less: Net income allocated to unvested participating securities
 
 
250
 
 
234
 
 
135
 
Net income available to common stockholders
 
$
13,164
 
$
14,670
 
$
15,138
 
Denominator:
 
 
 
 
 
 
 
 
 
 
Denominator for basic earnings per share-weighted average shares
 
 
5,706
 
 
5,700
 
 
5,681
 
Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
Stock options
 
 
34
 
 
53
 
 
64
 
Denominator for diluted earnings per share — adjusted weighted-average shares and assumed conversions
 
 
5,740
 
 
5,753
 
 
5,745
 
Basic earnings per share
 
$
2.31
 
$
2.57
 
$
2.66
 
Diluted earnings per share
 
$
2.29
 
$
2.55
 
$
2.64