Annual report pursuant to Section 13 and 15(d)

NET INCOME PER COMMON SHARE (Tables)

v2.4.1.9
NET INCOME PER COMMON SHARE (Tables)
12 Months Ended
Dec. 31, 2014
NET INCOME PER COMMON SHARE [Abstract]  
Net Income Per Common Share

   
Year ended December 31,
 
   
2014
   
2013
   
2012
 
   
(thousands of dollars)
 
                   
Net income
  $ 15,571     $ 19,498     $ 10,321  
                         
Basic earnings per common share:
                       
    Weighted average shares outstanding
    24,188       24,115       24,081  
                         
    Per share amount (dollars)
  $ 0.64     $ 0.81     $ 0.43  
Diluted earnings per common share:
                       
    Weighted average shares outstanding
    24,896       24,745       24,745  
                         
    Per share amount (dollars)
  $ 0.63     $ 0.79     $ 0.42  

Weighted average shares-denominator basic computation
    24,188       24,115       24,081  
Effect of dilutive stock options
    708       630       664  
Weighted average shares, as adjusted denominator diluted computation
    24,896       24,745       24,745