Note 15 - Earnings Per Share
 12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]

15.               Earnings Per Share


The Company calculates basic net income per share by dividing net income for the period by weighted-average shares of common stock outstanding for that period. Diluted net income per share takes into account the effect of dilutive instruments, such as convertible preferred stock, stock options and unvested restricted or performance stock, but uses the average share price for the period in determining the number of incremental shares that are to be added to the weighted-average number of shares outstanding. There were no dilutive instruments for the years ended December 31, 2013, 2012 and 2011.


The following table presents the computation of basic and dilutive net income per share for the periods indicated (dollar amounts in thousands, except per share amounts):


   

For the Years Ended December 31,

 
   

2013

   

2012

   

2011

 

Numerator:

                       

Net income attributable to common stockholders – Basic

  $ 65,387     $ 28,279     $ 4,776  

Net income from continuing operations

    65,387       28,265       4,713  

Net income from discontinued operations (net of tax)

    —       14       63  

Net income attributable to common stockholders– Dilutive

    65,387       28,279       4,776  

Net income from continuing operations

    65,387       27,265       4,713  

Net income from discontinued operations (net of tax)

  $ —     $ 14     $ 63  

Denominator:

                       

Weighted average basic and dilutive shares outstanding

    59,102       26,067       10,495  

EPS:

                       

Basic EPS

  $ 1.11     $ 1.08     $ 0.46  

Basic EPS from continuing operations

    1.11       1.08       0.45  

Basic EPS from discontinued operations (net of tax)

    —       —       0.01  

Dilutive EPS

  $ 1.11     $ 1.08     $ 0.46  

Dilutive EPS from continuing operations

    1.11       1.08       0.45  

Dilutive EPS from discontinued operations (net of tax)

    —       —       0.01