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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Weighted-Average Number of Shares of Common Stock Used to Calculate Basic and Diluted Earnings Per Share

The table below presents the weighted-average number of shares of common stock used to calculate basic and diluted earnings per share:

 

 

 

Three Months Ended

June 30,

 

 

Six Months Ended

June 30,

 

(in thousands)

 

2015

 

 

2014

 

 

2015

 

 

2014

 

Weighted-average number of shares of common stock for

   calculating basic earnings per share

 

 

26,142

 

 

 

25,912

 

 

 

26,117

 

 

 

25,851

 

Effect of potentially dilutive securities from

   equity-based compensation

 

 

131

 

 

 

308

 

 

 

155

 

 

 

372

 

Weighted-average number of shares of common stock for

   calculating diluted earnings per share

 

 

26,273

 

 

 

26,220

 

 

 

26,272

 

 

 

26,223

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Securities Not Included in Computation of Diluted Earnings Per Share

 

The following securities were not included in the computation of diluted earnings per share as their effect would have been anti-dilutive:

 

 

 

Three Months Ended

June 30,

 

 

Six Months Ended

June 30,

 

(in thousands)

 

2015

 

 

2014

 

 

2015

 

 

2014

 

Options to purchase shares of common stock

 

 

650

 

 

 

15

 

 

 

215

 

 

 

9

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Summary of Share Repurchase Activities

The following table presents share repurchase activities during the three and six month ended June 30, 2015 and 2014.

 

 

 

Three Months Ended

June 30,

 

 

Six Months Ended

June 30,

 

(in thousands, except per share amounts)

 

2015

 

 

2014

 

 

2015

 

 

2014

 

Number of shares repurchased

 

 

89

 

 

 

 

 

 

102

 

 

 

 

Aggregate purchase price

 

$

2,754

 

 

 

 

 

$

3,132

 

 

 

 

Average price per repurchased shares

 

$

30.79

 

 

 

 

 

$

30.81