Calculation of Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2020

Earnings Per Share [Abstract]

Calculation of Basic and Diluted Earnings Per Share

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2020		2019		2020		2019
(in thousands, except shares and per share data)
Calculation of Basic Earnings Per Share:
Income from Continuing Operations	$	9,280	$	6,251	$	48,981	$	43,977
Income (Loss) from Discontinued Operations	(19)		(630)		165		(1,388)
Net Income	$	9,261	$	5,621	$	49,146	$	42,589
Weighted average shares outstanding	16,533,748		16,403,776		16,466,106		16,396,646
Basic Earnings Per Share from Continuing Operations	$	0.56	$	0.38	$	2.97	$	2.68
Basic Earnings (Loss) Per Share from Discontinued Operations	—		(0.04)		0.01		(0.08)
Basic Earnings Per Share	$	0.56	$	0.34	$	2.98	$	2.60
Calculation of Diluted Earnings Per Share:
Reconciliation of Denominator:
Weighted shares outstanding—Basic	16,533,748		16,403,776		16,466,106		16,396,646
Effect of dilutive securities—Share-based compensation	59,094		50,091		57,094		47,585
Adjusted denominator—Diluted	16,592,842		16,453,867		16,523,200		16,444,231
Diluted Earnings Per Share from Continuing Operations	$	0.56	$	0.38	$	2.96	$	2.67
Diluted Earnings (Loss) Per Share from Discontinued Operations	—		(0.04)		0.01		(0.08)
Diluted Earnings Per Share	$	0.56	$	0.34	$	2.97	$	2.59