Basic and Diluted Earnings Per Share |
Basic
and diluted earnings per share for the three and six months ended
June 30, 2013 and 2012 are as follows:
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Three months ended June 30,
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Six months ended June 30,
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|
2013
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|
2012
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|
2013
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|
2012
|
Shares
used in the calculation of Basic earnings per share
|
|
|
13,510,573 |
|
|
|
13,262,023 |
|
|
|
13,459,049 |
|
|
|
13,212,424 |
|
Effect
of dilutive securities:
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|
|
|
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|
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|
|
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|
Stock
options, SARs, RSAs, and shares held in escrow
|
|
|
1,068,354 |
|
|
|
1,181,771 |
|
|
|
1,025,929 |
|
|
|
1,090,015 |
|
Diluted
shares used in the calculation of earnings per share
|
|
|
14,578,927 |
|
|
|
14,443,794 |
|
|
|
14,484,978 |
|
|
|
14,302,439 |
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|