Earnings Per Share

6 Months Ended

Jun. 30, 2015

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per Share

Earnings per share was calculated as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
(In thousands, except per-share amounts)	2015		2014		2015		2014
BASIC
Net income	$	8,375	$	8,488	$	13,564	$	12,761
Weighted-average common shares outstanding	15,732		15,784		15,819		15,785
Basic earnings per share	$	0.53	$	0.54	$	0.86	$	0.81
DILUTED
Net income	$	8,375	$	8,488	$	13,564	$	12,761
Weighted-average common shares outstanding for basic	15,732		15,784		15,819		15,785
Dilutive effect of stock options and restricted stock	297		357		317		366
Weighted-average common shares outstanding on a diluted basis	16,029		16,141		16,136		16,151
Diluted earnings per share	$	0.52	$	0.53	$	0.84	$	0.79

The number of stock options and shares of restricted stock excluded from the computation of diluted earnings per common share were as follows:

	Three Months Ended June 30,		Six Months Ended June 30,
(In thousands)	2015	2014	2015	2014
Stock options	74	133	57	103
Restricted stock awards	1	—	9	14