Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2016

The table below presents the weighted-average number of shares of common stock used to calculate basic and diluted earnings per share:

	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands)	2016		2015		2016		2015
Weighted-average number of shares of common stock for calculating basic earnings per share		23,900		26,142		23,881		26,117
Effect of potentially dilutive securities from equity-based compensation		49		131		50		155
Weighted-average number of shares of common stock for calculating diluted earnings per share		23,949		26,273		23,931		26,272

The following securities were not included in the computation of diluted earnings per share as their effect would have been anti-dilutive:

	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands)	2016		2015		2016		2015
Options to purchase shares of common stock		989		650		989		215

The following table presents share repurchase activities during the three and six months ended June 30, 2016 and 2015.

	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands, except share and per share amounts)	2016		2015		2016		2015
Number of shares repurchased		—		89		—		102
Aggregate purchase price	$	—	$	2,754	$	—	$	3,132
Average price per repurchased shares	$	—	$	30.79	$	—	$	30.81