Earnings Per Share

12 Months Ended

Dec. 31, 2013

Earnings Per Share [Abstract]

Earnings Per Share

16. Earnings Per Share

The computations of Basic and Diluted Earnings per Share for the years ended December 31, were as follows:

	2013		2012		2011
Numerator:
Net Earnings	$	40,231	$	41,584	$	32,713
Denominator:
Basic - Weighted Average Shares Outstanding	18,297,371		18,544,896		18,832,693
Effect of dilutive securities:
Employee stock options	536,082		557,120		527,735
Diluted - Weighted Average Shares Outstanding	18,833,453		19,102,016		19,360,428
Basic Earnings per Share	$	2.20	$	2.24	$	1.74
Diluted Earnings per Share	$	2.14	$	2.18	$	1.69

Options to purchase 132,803, 233,655 and 123,292 shares of Common Stock were outstanding during 2013, 2012 and 2011, respectively, but were not included in the computation of diluted earnings per share. These exclusions are made if the exercise prices of these options are greater than the average market price of our Common Stock for the period, if the number of shares we can repurchase under the treasury stock method exceeds the weighted shares outstanding in the options, or if we have a net loss, as the effects are anti-dilutive.