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Net Income per Share and Common Stock Dividends
12 Months Ended
Dec. 31, 2013
Net Income per Share and Common Stock Dividends  
Net Income per Share and Common Stock Dividends

(14) Net Income per Share and Common Stock Dividends

 

The following table reflects the numerators (net income) and denominators (average shares outstanding) for the basic and diluted net income per share computations:

 

(In thousands, except per share data)

 

2013

 

2012

 

2011

 

 

 

 

 

 

 

 

 

Net income, basic and diluted

 

$

27,170

 

$

25,801

 

$

23,604

 

 

 

 

 

 

 

 

 

Average shares outstanding

 

14,223

 

13,875

 

13,786

 

Effect of dilutive securities

 

130

 

57

 

48

 

 

 

 

 

 

 

 

 

Average shares outstanding including dilutive securities

 

14,353

 

13,932

 

13,834

 

 

 

 

 

 

 

 

 

Net income per share, basic

 

$

1.91

 

$

1.86

 

$

1.71

 

 

 

 

 

 

 

 

 

Net income per share, diluted

 

$

1.89

 

$

1.85

 

$

1.71