| Earnings Per Share [Text Block] |
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17.
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Net earnings (loss) per common share
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Earnings per share calculations cannot be anti-dilutive, therefore diluted shares are not used in the denominator when the numerator is in a loss position. The following table reconciles the denominator used to calculate earnings per common share:
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2014
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2013
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2012
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Shares issued and outstanding at beginning of period
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35,801,732
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30,070,104
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29,941,254
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Weighted average number of shares:
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Issued during the period
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335,253
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2,968,064
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250,868
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Repurchased during the period
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(220,333
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)
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(110,455
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)
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(165,703
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)
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Weighted average number of shares used in computing basic earnings per share
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35,916,652
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32,927,713
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30,026,419
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Assumed exercise of stock options, net of shares assumed acquired under the Treasury Stock Method
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392,326
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334,586
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349,531
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Number of shares used in computing diluted earningsper share
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36,308,978
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33,262,299
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30,375,950
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