Calculation of Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2016

Earnings Per Share [Abstract]

Calculation of Basic and Diluted Earnings Per Share

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2016		2015		2016		2015
(in thousands, except shares and per share data)
Calculation of Basic Earnings Per Share:
Net Income	$	4,416	$	5,119	$	32,812	$	32,521
Weighted average shares outstanding	15,372,413		15,258,819		15,324,932		15,035,569
Basic Earnings Per Share	$	0.29	$	0.34	$	2.14	$	2.16
Calculation of Diluted Earnings Per Share:
Reconciliation of Numerator:
Net Income	$	4,416	$	5,119	32,812		32,521
Reconciliation of Denominator:
Weighted shares outstanding—Basic	15,372,413		15,258,819		15,324,932		15,035,569
Effect of dilutive securities:
Share-based compensation	40,370		48,024		41,023		48,072
Adjusted denominator—Diluted	15,412,783		15,306,843		15,365,955		15,083,641
Diluted Earnings Per Share	$	0.29	$	0.33	$	2.14	$	2.16