Calculation of Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2017

Earnings Per Share [Abstract]

Calculation of Basic and Diluted Earnings Per Share

	Three Months Ended
	March 31,
	2017		2016
(in thousands, except shares and per share data)
Calculation of Basic Earnings Per Share:
Net Income	$	19,144	$	20,367
Weighted average shares outstanding	16,317,224		15,286,842
Basic Earnings Per Share	$	1.17	$	1.33
Calculation of Diluted Earnings Per Share:
Reconciliation of Numerator:
Net Income	$	19,144	$	20,367
Reconciliation of Denominator:
Weighted shares outstanding—Basic	16,317,224		15,286,842
Effect of dilutive securities—Share-based compensation	46,572		45,070
Adjusted denominator—Diluted	16,363,796		15,331,912
Diluted Earnings Per Share	$	1.17	$	1.33