XML 26 R16.htm IDEA: XBRL DOCUMENT v3.7.0.1
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2017
Accounting Policies [Abstract]  
Computation of basic and diluted earnings per share
The following table sets forth the computation of basic and diluted earnings per share:
 
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
 
2017
 
2016
 
2017
 
2016
 
 
 
(In thousands, except per share data)
 
Numerator:
 
 
 
 
 
 
 
 
 
 
 
 
 
Income from continuing operations
 
$
3,375
 
$
3,645
 
$
4,422
 
$
5,658
 
Less: Income allocated to unvested participating securities
 
 
59
 
 
67
 
 
78
 
 
105
 
Income from continuing operations available to common stockholders
 
$
3,316
 
$
3,578
 
$
4,344
 
$
5,553
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Income from discontinued operations
 
$
1,159
 
$
1,166
 
$
2,050
 
$
2,177
 
Less: Income allocated to unvested participating securities
 
 
21
 
 
22
 
 
36
 
 
40
 
Income from discontinued operations available to common stockholders
 
$
1,138
 
$
1,144
 
$
2,014
 
$
2,137
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income available to common stockholders
 
$
4,454
 
$
4,722
 
$
6,358
 
$
7,690
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
 
 
 
 
 
 
Denominator for basic earnings per share — weighted average shares
 
 
5,803
 
 
5,754
 
 
5,796
 
 
5,752
 
Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
 
 
Common stock equivalents
 
 
3
 
 
9
 
 
8
 
 
9
 
Denominator for diluted earnings per share — adjusted weighted-average shares and assumed conversions
 
 
5,806
 
 
5,763
 
 
5,804
 
 
5,761
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic earnings per share:
 
 
 
 
 
 
 
 
 
 
 
 
 
From continuing operations
 
$
.57
 
$
.62
 
$
.75
 
$
.97
 
From discontinued operations
 
 
.20
 
 
.20
 
 
.35
 
 
.37
 
Basic earnings per share
 
$
.77
 
$
.82
 
$
1.10
 
$
1.34
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted earnings per share
 
 
 
 
 
 
 
 
 
 
 
 
 
From continuing operations
 
$
.57
 
$
.61
 
$
.75
 
$
.96
 
From discontinued operations
 
 
.20
 
 
.20
 
 
.35
 
 
.37
 
Diluted earnings per share
 
$
.77
 
$
.81
 
$
1.10
 
$
1.33