Earnings Per Share

6 Months Ended

Jun. 30, 2015


	Earnings Per Share

The computations of Basic and Diluted Earnings per Share were as follows:



	Three Months Ended				Six Months Ended
	June 30				June 30
	2015		2014		2015		2014
Numerator:
Net Earnings	$	14,817	$	15,523	$	19,843	$	21,318
Denominator:
Basic - Weighted Average Shares Outstanding	18,197,431		18,167,054		18,240,027		18,242,240
Effect of dilutive securities:
Share-based compensation plans	474,609		508,553		484,832		534,129
Diluted - Weighted Average Shares Outstanding	18,672,040		18,675,607		18,724,859		18,776,369
Basic Earnings per Share	$	0.81	$	0.85	$	1.09	$	1.17
Diluted Earnings per Share	$	0.79	$	0.83	$	1.06	$	1.14

Excluded from the dilutive securities shown above were options to purchase 237,405 and 154,897 shares of Common Stock during the three months ended June 30, 2015 and 2014, respectively. Excluded from the dilutive securities shown above were options to purchase 215,767 and 155,497 shares of Common Stock during the six months ended June 30, 2015 and 2014, respectively. These exclusions were made as the effects were anti-dilutive.