XML 41 R30.htm IDEA: XBRL DOCUMENT v3.8.0.1
Earnings Per Share (Tables)
 9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Basic and Diluted Earnings per share
The following table sets forth the calculation of EPS for the three and nine months ended September 30, 2017 and 2016.
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2017
 
2016
 
2017
 
2016
 
 
(In thousands, except per share amounts)
Weighted average basic common shares outstanding
 
20,222

 
20,568

 
20,475

 
21,355

Dilutive effect of employee stock purchases, net of assumed repurchase of treasury stock
 
3

 
10

 
5

 
9

Weighted average dilutive common shares outstanding
 
20,225

 
20,578

 
20,480

 
21,364

Basic:
 
 
 
 
 
 
 
 
Net Income
 
$
29,881

 
$
35,366

 
$
102,953

 
$
116,237

Less: Earnings allocated to participating securities
 
1,024

 
1,427

 
3,660

 
4,652

 Earnings available to basic common shares
 
$
28,857

 
$
33,939

 
$
99,293

 
$
111,585

 Basic earnings per common share
 
$
1.43

 
$
1.65

 
$
4.85

 
$
5.23

Diluted:
 
 
 
 
 
 
 
 
Net Income
 
$
29,881

 
$
35,366

 
$
102,953

 
$
116,237

Less: Earnings allocated to participating securities
 
1,023

 
1,426

 
3,659

 
4,651

 Earnings available to diluted common shares
 
$
28,858

 
$
33,940

 
$
99,294

 
$
111,586

 Diluted earnings per common share
 
$
1.43

 
$
1.65

 
$
4.85

 
$
5.22