Shareholders' Equity and Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2018

Shareholders' Equity and Earnings Per Common Share [Abstract]

Reconciliation of Basic and Diluted Net Income Per Share

A reconciliation of basic and diluted net income per common share follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2018		2017		2018		2017
	(In thousands, except per share data)
Net income	$	8,817	$	5,931	$	17,978	$	11,905
Weighted average shares outstanding (1)		24,109		21,331		22,745		21,320
Effect of stock options		224		143		179		147
Stock units for deferred compensation plan for non-employee directors		126		119		125		119
Performance share units		51		54		50		57
Weighted average shares outstanding for calculation of diluted earnings per share		24,510		21,647		23,099		21,643
Net income per common share
Basic (1)	$	0.37	$	0.28	$	0.79	$	0.56
Diluted	$	0.36	$	0.27	$	0.78	$	0.55

⁽¹⁾Basic net income per common share includes weighted average common shares outstanding during the period and participating share awards.