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Earnings Per Share
12 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Earnings Per Share
EARNINGS PER SHARE
The calculation of basic and diluted earnings per common share follows (in thousands, except per share amounts):
 
December 31
 
2014
 
2013
 
2012
Earnings (loss) from continuing operations
$
32,074

 
$
(19,625
)
 
$
41,648

Weighted-average shares outstanding for basic earnings per share
64,253

 
63,992

 
63,461

Common equivalent shares:
 
 
 
 
 
Effect of stock-based compensation awards
958

 

 
959

Weighted-average shares outstanding assuming dilution
65,211

 
63,992

 
64,420

Basic earnings (loss) per share from continuing operations
$
0.50

 
$
(0.31
)
 
$
0.66

Diluted earnings (loss) per share from continuing operations
$
0.49

 
$
(0.31
)
 
$
0.65


Basic weighted average shares outstanding for purposes of basic earnings per share are less than the shares outstanding due to 435,600 shares, 481,900 shares and 370,400 shares of restricted stock for 2014, 2013 and 2012, respectively, which are accounted for as part of diluted weighted average shares outstanding in diluted earnings per share. The number of equivalent shares that were not included in weighted average shares outstanding assuming dilution, because their effect would have been anti-dilutive, was none, none and 229,000 at December 31, 2014, 2013 and 2012, respectively.