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Earnings per Share/Capital Stock: (Tables)

6 Months Ended

Jun. 30, 2019

Earnings Per Share [Abstract]

Schedule of reconciliation of Registrant's net income and weighted average Common Shares outstanding for calculating basic net income per share

Basic:		For The Three Months Ended June 30,								For the Six Months Ended   June 30,
(in thousands, except per share amounts)		2019				2018				2019				2018
Net income		$	26,784			$	16,348			$	39,636			$	27,130
Less: (a) Distributed earnings to common shareholders		10,119				9,367				20,232				18,729
Distributed earnings to participating securities		46				51				88				96
Undistributed earnings		16,619				6,930				19,316				8,305
(b) Undistributed earnings allocated to common shareholders		16,543				6,894				19,232				8,263
Undistributed earnings allocated to participating securities		76				36				84				42
Total income available to common shareholders, basic (a)+(b)		$	26,662			$	16,261			$	39,464			$	26,992
Weighted average Common Shares outstanding, basic		36,804				36,733				36,788				36,723
Basic earnings per Common Share		$	0.72			$	0.44			$	1.07			$	0.74

Schedule of reconciliation of Registrant's net income and weighted average Common Shares outstanding for calculating diluted net income per share

The following is a reconciliation of Registrant’s net income and weighted average Common Shares outstanding for calculating diluted net income per share:

Diluted:		For The Three Months Ended June 30,								For the Six Months Ended   June 30,
(in thousands, except per share amounts)		2019				2018				2019				2018
Common shareholders earnings, basic		$	26,662			$	16,261			$	39,464			$	26,992
Undistributed earnings for dilutive stock-based awards		75				36				84				42
Total common shareholders earnings, diluted		$	26,737			$	16,297			$	39,548			$	27,034
Weighted average common shares outstanding, basic		36,804				36,733				36,788				36,723
Stock-based compensation (1)		159				179				154				173
Weighted average common shares outstanding, diluted		36,963				36,912				36,942				36,896
Diluted earnings per Common Share		$	0.72			$	0.44			$	1.07			$	0.73

(1)      In applying the treasury stock method of reflecting the dilutive effect of outstanding stock-based compensation in the calculation of diluted EPS, 11,556 and 47,792 stock options at June 30, 2019 and 2018, respectively, were deemed to be outstanding in accordance with accounting guidance on earnings per share.  All of the 170,372 and 204,909 restricted stock units at June 30, 2019 and 2018, respectively, were included in the calculation of diluted EPS for the three and six months ended June 30, 2019 and 2018.

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Tabular disclosure of the effect of income (loss) on basic earnings per share.

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Tabular disclosure of the effect of income (loss) on an entity's diluted earnings per share.

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