| 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:
|
|
|
|
|
|
Year Ended December 31, 2015 |
Basic EPS |
(in thousands, except for share and per share data) |
Net Income |
$ |
53,823 |
|
Less: income allocated to unvested restricted shares |
145 |
|
Income allocated to common shares |
53,678 |
|
Weighted-average shares for basic EPS |
31,788,215 |
|
Basic EPS |
$ |
1.69 |
|
|
|
Diluted EPS |
|
Income allocated to common shares |
$ |
53,678 |
|
Weighted-average shares for diluted EPS |
31,876,820 |
|
Diluted EPS |
$ |
1.68 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Income
(Numerator)
|
|
Weighted-
Average
Shares
(Denominator)
|
|
Per
Share
Amount
|
|
(In thousands, except share and per share data) |
Year Ended December 31, 2014 |
|
|
|
|
|
Basic EPS |
|
|
|
|
|
Income from continuing operations, net of taxes |
$ |
50,205 |
|
|
31,696,100 |
|
|
$ |
1.58 |
|
Income 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 |
|
|
$ |
(0.01 |
) |
Diluted EPS |
|
|
|
|
|
Income from continuing operations, net of taxes |
$ |
50,205 |
|
|
31,978,064 |
|
|
$ |
1.57 |
|
Income from discontinued operations, net of taxes |
(444 |
) |
|
31,978,064 |
|
|
(0.01 |
) |
Diluted EPS |
$ |
49,761 |
|
|
31,978,064 |
|
|
$ |
1.56 |
|
Year Ended December 31, 2013 |
|
|
|
|
|
Basic EPS |
|
|
|
|
|
Income from continuing operations, net of taxes |
$ |
39,784 |
|
|
31,598,913 |
|
|
$ |
1.26 |
|
Income from discontinued operations, net of taxes |
73 |
|
|
31,598,913 |
|
|
— |
|
Basic EPS |
$ |
39,857 |
|
|
31,598,913 |
|
|
$ |
1.26 |
|
Effect of dilutive securities - options, warrants and unvested restricted stock |
— |
|
|
97,607 |
|
|
— |
|
Diluted EPS |
|
|
|
|
|
Income from continuing operations, net of taxes |
$ |
39,784 |
|
|
31,696,520 |
|
|
$ |
1.26 |
|
Income from discontinued operations, net of taxes |
73 |
|
|
31,696,520 |
|
|
— |
|
Diluted EPS |
$ |
39,857 |
|
|
31,696,520 |
|
|
$ |
1.26 |
|
|