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Earnings Per Share
 12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
EARNINGS PER SHARE
 
The following table sets forth the reconciliation from basic to diluted average common shares and the calculations of net income per common share. Net income for basic and diluted calculations does not differ.
(in thousands, except per share amounts)
2016
 
2015
 
2014
 
 
 
 
 
 
Net income
$
40,045

 
$
43,209

 
$
41,151

 
 
 
 
 
 
Average common shares:
 

 
 

 
 

Basic (weighted-average outstanding shares)
11,434

 
11,349

 
11,875

Dilutive potential common shares from stock options
131

 
133

 
164

 
Diluted (weighted-average outstanding shares)
11,565

 
11,482

 
12,039

 
 
 
 
 
 
Basic earnings per share
$
3.50

 
$
3.81

 
$
3.47

 
 
 
 
 
 
Diluted earnings per share
$
3.46

 
$
3.76

 
$
3.42


 
Stock options totaling 21,491 shares in 2016, 61,690 shares in 2015, and 37,261 shares in 2014 were not included in the diluted earnings per share calculation because the effect would have been anti-dilutive.