Quarterly report pursuant to Section 13 or 15(d)

Basis of Presentation and Summary of Significant Accounting Policies (Tables)

v3.7.0.1
Basis of Presentation and Summary of Significant Accounting Policies (Tables)
 3 Months Ended
Mar. 31, 2017
Accounting Policies [Abstract]  
Schedule of Adoption of ASU Impacted on Previously Reported Unaudited Quarterly Results

The adoption of this ASU impacted the Company’s previously reported unaudited quarterly results during fiscal year 2016 as follows:

 

 

For the Three Months Ended

 

 

March 31, 2016

 

 

As reported

 

 

As adjusted

 

Provision for income taxes

$

1,035

 

 

$

879

 

Net income

 

2,365

 

 

 

2,521

 

 

 

 

 

 

 

 

 

Weighted-average common shares - basic common stock

 

19,827,669

 

 

 

19,827,669

 

Weighted-average common shares - diluted common stock

 

20,783,943

 

 

 

20,840,367

 

 

 

 

 

 

 

 

 

Net income per share - basic common stock

$

0.12

 

 

$

0.13

 

Net income per share - diluted common stock

 

0.11

 

 

 

0.12