Net Income Per Common Share (Tables)

9 Months Ended

Sep. 30, 2013

Basic and diluted net income per common share

Basic and diluted net income per common share calculations are as follows for the periods presented:



	Three Months Ended
	September 30,
	2013		2012
Basic
Net income applicable to common stock	$	6,637	$	7,037
Average common shares outstanding	27,234,927		25,114,672
Net income per common share - basic	$	0.24	$	0.28
Diluted
Net income applicable to common stock	$	6,637	$	7,037
Average common shares outstanding	27,234,927		25,114,672
Effect of dilutive stock-based compensation	212,455		106,215
Average common shares outstanding - diluted	27,447,382		25,220,887
Net income per common share - diluted	$	0.24	$	0.28



	Nine Months Ended
	September 30,
	2013		2012
Basic
Net income applicable to common stock	$	22,227	$	19,356
Average common shares outstanding	25,889,139		25,101,507
Net income per common share - basic	$	0.86	$	0.77
Diluted
Net income applicable to common stock	$	22,227	$	19,356
Average common shares outstanding	25,889,139		25,101,507
Effect of dilutive stock-based compensation	164,034		60,404
Average common shares outstanding - diluted	26,053,173		25,161,911
Net income per common share - diluted	$	0.85	$	0.77

Diluted net income per common share due to their anti-dilutive effect

Stock options that could potentially dilute basic net income per common share in the future that were not included in the computation of diluted net income per common share due to their anti-dilutive effect were as follows for the periods presented:



	Three Months Ended
	September 30,
	2013	2012
Number of shares	109,068	740,199
Range of exercise prices	$29.57 - $30.63	$16.91 - $30.63



	Nine Months Ended
	September 30,
	2013	2012
Number of shares	169,638	1,186,644
Range of exercise prices	$19.14 - $30.63	$14.96 - $30.63