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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Details of Basic and Diluted Earnings Per Share (EPS)

The following table sets forth the details of basic and diluted earnings per share (“EPS”):

 

 

Three months ended

March 31

 

In thousands, except per share

2017

 

 

 

2016

 

Net income

$

11,603

 

 

 

$

16,168

 

Weighted average common shares

 

 

 

 

 

 

 

 

outstanding used in basic EPS

 

43,583

 

 

 

 

43,521

 

Common shares issuable upon

 

 

 

 

 

 

 

 

exercise of dilutive stock options

 

 

 

 

 

 

 

 

and PSAs / RSUs

 

910

 

 

 

 

350

 

Weighted average common shares

 

 

 

 

 

 

 

 

outstanding and common share

 

 

 

 

 

 

 

 

equivalents used in diluted EPS

 

44,493

 

 

 

 

43,871

 

Earnings per share

 

 

 

 

 

 

 

 

Basic

$

0.27

 

 

 

$

0.37

 

Diluted

 

0.26

 

 

 

 

0.37

 

 

Number of Potential Common Shares that have been Excluded from Computation of Diluted Earnings Per Share for Indicated Period Due to Their Anti-Dilutive Nature

The following table sets forth potential common shares outstanding that were not included in the computation of diluted EPS for the period indicated, because their effect would be anti-dilutive:

 

 

March 31

 

In thousands

2017

 

 

 

2016

 

Three months ended

 

592

 

 

 

 

1,694