Net Income per Share (Tables)

6 Months Ended

Jun. 30, 2014

Earnings Per Share [Abstract]

Computation of the Company’s basic and diluted net income per share

The computation of the Company's basic and diluted net income per share for the three and six months ended June 30, 2014 and 2013 was as follows:

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2014			2013			2014			2013
	(In thousands, except per share data)
Numerator for basic and dilutive income per common share:
Net income	$	19,167		$	16,937		$	39,991		$	35,176
Less: Net income allocated to unvested participating restricted stock	(307		)	(298		)	(649		)	(627		)
Net income available to common stockholders - basic	18,860			16,639			39,342			34,549
Effect of unvested participating restricted stock in two-class calculation	1			1			2			2
Net income available to common stockholders - diluted	$	18,861		$	16,640		$	39,344		$	34,551
Denominator:
Weighted average outstanding shares of common stock - basic	18,776			18,953			18,785			18,932
Dilutive effect of stock options	179			269			218			275
Weighted average outstanding shares of common stock - diluted	18,955			19,222			19,003			19,207
Net income per common share:
Basic	$	1.00		$	0.88		$	2.09		$	1.82
Diluted	$	1.00		$	0.87		$	2.07		$	1.80