Computation of Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2015

Earnings Per Share [Abstract]

Summary of Calculation of Basic Earnings Per Common Share and Diluted Earnings Per Common Share

The calculation of basic earnings per common share and diluted earnings per common share was as follows (in thousands, except per share amounts):

	Third Quarter				Nine Months
	2015		2014		2015		2014
Numerator:
Net income	$	11,777	$	16,278	$	43,629	$	38,422
Denominator:
Denominator for basic  earnings per share–weighted      average common shares		24,963		24,527		24,901		24,465
Effect of dilutive stock options		87		242		113		240
Effect of other common stock equivalents		505		736		511		731
Denominator for diluted earnings per share–adjusted      weighted average common shares		25,555		25,505		25,525		25,436
Basic Earnings Per Share	$	0.47	$	0.66	$	1.75	$	1.57
Diluted Earnings Per Share	$	0.46	$	0.64	$	1.71	$	1.51