Earnings Per Share (EPS) Earnings Per Share (EPS) (Tables)

6 Months Ended

Jun. 30, 2015

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

The following is a reconciliation of the weighted average basic number of common shares outstanding to the diluted number of common and common stock equivalent shares outstanding and the calculation of earnings per share using the two-class method:



	Three Months Ended						Six Months Ended
	June 30, 2015			June 30, 2014			June 30, 2015			June 30, 2014
Net income	$	13,603		$	20,628		$	25,546		$	34,813
Less: earnings attributable to unvested shares	(32		)	(43		)	(46		)	(73		)
Net income available to participating common shareholders	$	13,571		$	20,585		$	25,500		$	34,740
Weighted average number of participating common and potential common shares outstanding:
Basic number of participating common shares outstanding	20,435,846			21,876,265			20,807,777			21,870,343
Dilutive effect of stock equivalents	287,094			375,151			302,026			373,421
Diluted number of weighted average participating common shares outstanding	20,722,940			22,251,416			21,109,803			22,243,764
Earnings per participating common share:
Earnings per participating common share—Basic	$	0.66		$	0.94		$	1.23		$	1.59
Earnings per participating common share—Diluted	$	0.65		$	0.93		$	1.21		$	1.56

Total outstanding options, performance share awards and unvested restricted stock not included in the calculation of diluted earnings per share as the effect would be anti-dilutive	391,069			383,971			376,137			385,701