Earnings Per Share
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Dec. 31, 2014
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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):
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. |