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Income Per Common Share | 6 Months Ended
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Jun. 30, 2017
Earnings Per Share [Abstract] |
Income Per Common Share | NOTE 14 –INCOME PER COMMON SHARE Basic net income per share is calculated by dividing net income by the weighted average shares outstanding during the period, without consideration for common stock equivalents. Diluted net income per share is calculated by adjusting weighted average shares outstanding for the dilutive effect of common stock equivalents outstanding for the period, determined using the treasury stock method. Potential common stock is included in the diluted income per share calculation when dilutive. Diluted net income per share was as follows (in thousands, except share and per share data):
|  | For the three months ended June 30, |  |  | For the six months ended June 30, |
|  | 2017 |  |  | 2016 |  |  | 2017 |  |  | 2016 |
Net income - basic and diluted |  | $ | 11,973 |  |  | $ | 9,993 |  |  | $ | 18,337 |  |  | $ | 15,806 |
Weighted average number of common shares outstanding |  |  | 31,646,460 |  |  |  | 31,317,632 |  |  |  | 31,618,624 |  |  |  | 31,279,935 |
Dilutive effect of outstanding common stock awards after application of the Treasury Stock Method |  |  | 63,094 |  |  |  | 29,435 |  |  |  | 79,836 |  |  |  | 59,084 |
Diluted shares outstanding |  |  | 31,709,554 |  |  |  | 31,347,067 |  |  |  | 31,698,460 |  |  |  | 31,339,019 |
Basic net income per share |  | $ | 0.38 |  |  | $ | 0.32 |  |  | $ | 0.58 |  |  | $ | 0.51 |
Diluted net income per share |  | $ | 0.38 |  |  | $ | 0.32 |  |  | $ | 0.58 |  |  | $ | 0.50 |
Approximately 25 thousand shares were excluded from the calculation of diluted net income per share for the three and six months ended June 30, 2017 as the effect would have been antidilutive. None of the non-vested common stock awards had an antidilutive effect on diluted net income per share for either of the three or six months ended June 30, 2016.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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