XML 40 R29.htm IDEA: XBRL DOCUMENT v3.5.0.2
Earnings per Share (Tables)
 6 Months Ended
Jun. 30, 2016
Earnings Per Share, Basic and Diluted [Abstract]  
Summary of Computation for Basic and Diluted Earnings per Share
The following table sets forth the computation of basic and diluted earnings per share:
 
Three Months Ended 
 June 30,
 
Six Months Ended 
 June 30,
(Dollars and shares in thousands, except per share data)
2016
 
2015
 
2016
 
2015
Numerator:
 
 
 
 
 
 
 
Net income
$
5,240

 
$
6,466

 
$
12,529

 
$
12,582

Net income allocated to unvested restricted stock
(40
)
 
(49
)
 
(98
)
 
(93
)
Net income allocated to common shares
$
5,200

 
$
6,417

 
$
12,431

 
$
12,489

Denominator:
 
 
 
 
 
 
 
Denominator for basic earnings per share—weighted-average shares outstanding
19,434

 
19,501

 
19,418

 
19,638

Effect of dilutive securities—employee stock options
35

 
29

 
33

 
26

Denominator for diluted earnings per share—adjusted weighted-average shares outstanding
19,469

 
19,530

 
19,451

 
19,664

Basic earnings per share
$
0.27

 
$
0.33

 
$
0.64

 
$
0.64

Diluted earnings per share
$
0.27

 
$
0.33

 
$
0.64

 
$
0.64

Average anti-dilutive options and awards excluded from computation of diluted earnings per share
619

 
567

 
603

 
555