• Filing Date: 2013-03-14
  • Form Type: 10-K
  • Description: Annual report
v2.4.0.6
Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2012
Earnings Per Share [Abstract]  
Summary of numerator and denominator of the basic and fully diluted earnings per common share
                         
    Income     Shares     Per Share  
    (Numerator)     (Denominator)     Amount  

Year Ended December 31, 2012

                       
       

Net income

  $ 30,157                  

Less: Preferred stock dividends

    (322                

Less: Income attributable to participating securities

    (488                
   

 

 

                 
       

Basic Earnings Per Share:

                       

Income allocated to common stockholders

    29,347       8,497     $ 3.45  
                   

 

 

 
       

Effect of Dilutive Securities:

                       

Stock options

    —         220          

Convertible preferred stock

    322       655          

Warrants

    —         441          
   

 

 

   

 

 

         

Diluted Earnings Per Share:

                       

Income available to common stockholders and assumed conversions

  $ 29,669       9,813     $ 3.02  
   

 

 

   

 

 

   

 

 

 
       

Year Ended December 31, 2011

                       
       

Net income

  $ 9,964                  

Less: Preferred stock dividends

    (815                
   

 

 

                 
       

Basic Earnings Per Share:

                       

Income available to common stockholders

    9,149       6,132     $ 1.49  
                   

 

 

 
       

Effect of Dilutive Securities:

                       

Stock options

    —         352          

Convertible preferred stock

    815       961          
   

 

 

   

 

 

         

Diluted Earnings Per Share:

                       

Income available to common stockholders and assumed conversions

  $ 9,964       7,445     $ 1.34  
   

 

 

   

 

 

   

 

 

 
       

Year Ended December 31, 2010

                       
       

Net income

  $ 5,422                  

Less: Preferred stock dividends

    —                    
   

 

 

                 
       

Basic Earnings Per Share:

                       

Income available to common stockholders

    5,422       6,179     $ 0.88  
                   

 

 

 
       

Effect of Dilutive Securities:

                       

Stock options

    —         495          
   

 

 

   

 

 

         
       

Diluted Earnings Per Share:

                       

Income available to common stockholders and assumed conversions

  $ 5,422       6,674     $ 0.81