Calculation of Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2016

Earnings Per Share [Abstract]

Calculation of Basic and Diluted Earnings Per Share

	Three Months Ended
	March 31,
	2016		2015
(in thousands, except shares and per share data)
Calculation of Basic Earnings Per Share:
Net Income	$	20,367	$	21,109
Weighted average shares outstanding	15,286,842		14,604,841
Basic Earnings Per Share	$	1.33	$	1.45
Calculation of Diluted Earnings Per Share:
Reconciliation of Numerator:
Net Income	$	20,367	$	21,109
Reconciliation of Denominator:
Weighted shares outstanding—Basic	15,286,842		14,604,841
Effect of dilutive securities:
Share-based compensation	45,070		51,469
Adjusted denominator—Diluted	15,331,912		14,656,310
Diluted Earnings Per Share	$	1.33	$	1.44