EARNINGS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2013

Schedule of the Components of Earnings Per Share

Earnings per share consisted of the following components for the years ended December 31:



	2013		2012			2011
	(Dollars in thousands)
Net income	$	50,254	$	42,627		$	45,436

	Weighted Average Shares
	(Shares in thousands)
Basic shares	23,012		21,782			21,423
Effect of dilutive securities	77		30			29
Diluted shares	23,089		21,812			21,452

Net income per share
Basic EPS	$	2.18	$	1.96		$	2.12
Effect of dilutive securities	—		(0.01		)	—
Diluted EPS	$	2.18	$	1.95		$	2.12

Schedule of Options to Purchase Common Stock Excluded From Diluted Earnings Per Share

The following table illustrates the options to purchase common stock that were excluded from the calculation of diluted earnings per share because they were anti-dilutive:



	December 31
	2013	2012	2011
Stock options	124,608	584,938	824,224