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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Calculation of Basic and Diluted Earnings per Share

The following table sets forth the calculation of basic and diluted earnings per share:

Three Months Ended
March 31,
(in thousands, except per share data)20172016
Net income$9,687$11,052
Denominator for basic earnings per share - weighted-average number of
common shares outstanding during the period49,51149,848
Incremental common shares attributable to exercise of dilutive options361292
Incremental common shares attributable to outstanding restricted
stock units208147
Denominator for diluted earnings per share50,08050,287
Basic earnings per share$0.20$0.22
Diluted earnings per share$0.19$0.22