Calculation of Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2018

Earnings Per Share [Abstract]

Calculation of Basic and Diluted Earnings Per Share

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2018		2017		2018		2017
(in thousands, except shares and per share data)
Calculation of Basic Earnings Per Share:
Net Income	$	6,387	$	6,046	$	33,241	$	25,190
Weighted average shares outstanding	16,369,641		16,340,665		16,360,540		16,329,009
Basic Earnings Per Share	$	0.39	$	0.37	$	2.03	$	1.54
Calculation of Diluted Earnings Per Share:
Reconciliation of Numerator:
Net Income	$	6,387	$	6,046	$	33,241	$	25,190
Reconciliation of Denominator:
Weighted shares outstanding—Basic	16,369,641		16,340,665		16,360,540		16,329,009
Effect of dilutive securities—Share-based compensation	47,441		41,542		49,521		44,029
Adjusted denominator—Diluted	16,417,082		16,382,207		16,410,061		16,373,038
Diluted Earnings Per Share	$	0.39	$	0.37	$	2.03	$	1.54