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Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2017
Equity [Abstract]  
Earnings Per Share
Earnings per common share (“EPS”) were calculated as follows:
 
 
For the Years Ended December 31,
(in thousands, except per share data)
 
2017
 
2016
 
2015
Net income
 
$
39,796

 
$
38,766

 
$
39,135

 
 
 
 
 
 
 
Weighted average common shares outstanding – basic(1)
 
26,602

 
25,497

 
22,137

Effect of dilutive stock options and warrants(2)
 
120

 
317

 
1,726

Weighted average common shares outstanding – diluted
 
26,722

 
25,814

 
23,863

 
 
 
 
 
 
 
EPS:
 
 
 
 
 
 
Basic
 
$
1.50

 
$
1.52

 
$
1.77

Diluted
 
$
1.49

 
$
1.50

 
$
1.64


(1) Includes participating securities related to unvested restricted stock awards, net of forfeitures during the period
(2) Effect of dilutive stock options and warrants includes the dilutive effect of additional potential common shares issuable under contracts