Annual report pursuant to Section 13 and 15(d)

Earnings per Share (Tables)

v3.6.0.2
Earnings per Share (Tables)
12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Reconciliation of Components Used to Derive Basic and Diluted EPS
The following table is a reconciliation of the components used to derive basic and diluted EPS for the periods indicated:
 
Net Income
(Numerator)
 
Weighted-
Average
Shares
(Denominator)
 
Per
Share
Amount
 
(In thousands, except share and per share data)
Year Ended December 31, 2016
 
 
 
 
 
Basic EPS
 
 
 
 
 
Net income
$
56,489

 
31,899,582

 
$
1.77

Less: Income allocated to unvested restricted stock
457

 
31,899,582

 
0.01

Basic EPS
$
56,032

 
31,899,582

 
$
1.76

Effect of dilutive securities - options, warrants and unvested restricted stock
 
 
149,122

 
 
Diluted EPS
 
 
 
 
 
Net income
$
56,489

 
32,048,704

 
$
1.76

Less: Income allocated to unvested restricted stock
457

 
32,048,704

 
0.01

Diluted EPS
$
56,032

 
32,048,704

 
$
1.75

 
 
 
 
 
 
Year Ended December 31, 2015
 
 
 
 
 
Basic EPS
 
 
 
 
 
Net income
$
53,823

 
31,788,215

 
$
1.69

Less: Income allocated to unvested restricted stock
145

 
31,788,215

 

Basic EPS
$
53,678

 
31,788,215

 
$
1.69

Effect of dilutive securities - options, warrants and unvested restricted stock


 
88,605

 


Diluted EPS
 
 
 
 
 
Net income
$
53,823

 
31,876,820

 
$
1.68

Less: Income allocated to unvested restricted stock
145

 
31,876,820

 

Diluted EPS
$
53,678

 
31,876,820

 
$
1.68

 
 
 
 
 
 
Year Ended December 31, 2014
 
 
 
 
 
Basic EPS
 
 
 
 
 
Income from continuing operations, net of taxes
$
50,205

 
31,696,100

 
$
1.58

Loss from discontinued operations, net of taxes
(444
)
 
31,696,100

 
(0.01
)
Basic EPS
$
49,761

 
31,696,100

 
$
1.57

Effect of dilutive securities - options, warrants and unvested restricted stock


 
281,964

 


Diluted EPS
 
 
 
 
 
Income from continuing operations, net of taxes
$
50,205

 
31,978,064

 
$
1.57

Loss from discontinued operations, net of taxes
(444
)
 
31,978,064

 
(0.01
)
Diluted EPS
$
49,761

 
31,978,064

 
$
1.56