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Earnings Per Share
3 Months Ended
Mar. 31, 2013
Earnings Per Share [Abstract]  
Earnings Per Share

Note 7. Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share:

 

                 
    Three Months Ended
March 31,
 
(Dollars and shares in thousands, except per share data)   2013     2012  

Numerator for basic and diluted earnings per share—income available to common shareholders

  $ 5,398     $ 5,263  
   

 

 

   

 

 

 

Denominator for basic earnings per share—weighted-average shares outstanding

    16,788       16,749  

Effect of dilutive securities—employee stock options and awards

    71       2  
   

 

 

   

 

 

 

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

    16,859       16,751  
   

 

 

   

 

 

 

Basic earnings per share

  $ 0.32     $ 0.31  
   

 

 

   

 

 

 

Diluted earnings per share

  $ 0.32     $ 0.31  
   

 

 

   

 

 

 

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

    653       585