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Earnings Per Share
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
 
The following table sets forth the reconciliation from basic to diluted average common shares and the calculations of net income per common share. Net income for basic and diluted calculations does not differ.
(in thousands, except per share amounts)201920182017
Net income$62,906  $73,486  $44,315  
Average common shares:   
Basic (weighted-average outstanding shares)11,729  11,660  11,549  
Dilutive potential common shares from stock options71  101  133  
 
Diluted (weighted-average outstanding shares)
11,800  11,761  11,682  
Basic earnings per share$5.36  $6.30  $3.84  
Diluted earnings per share$5.33  $6.25  $3.79  
 
Stock options totaling 4,244 shares in 2019, 4,850 shares in 2018, and 1,565 shares in 2017 were not included in the diluted earnings per share calculation because the effect would have been anti-dilutive.