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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Reconciliation of Basic and Diluted Earnings per Share
The following is a reconciliation of basic and diluted earnings per share for the periods presented in the consolidated statements of income.
 
Three months ended September 30,
 
2015
  
2014
 
(in thousands, except per share data)
 
  
 
Basic EPS:
 
  
 
Weighted average common shares outstanding
  
43,692
   
43,882
 
Net income
  
19,851
   
10,912
 
Basic EPS
 
$
0.45
  
$
0.25
 
         
Diluted EPS:
        
Weighted average common shares outstanding
  
43,692
   
43,882
 
Dilutive effect of common stock options and restricted stock
  
570
   
523
 
Weighted average common shares and common share equivalents
  
44,262
   
44,405
 
Net income
  
19,851
   
10,912
 
Diluted EPS
 
$
0.45
  
$
0.25
 
 
Nine months ended September 30,
 
2015
  
2014
 
(in thousands, except per share data)
 
  
 
Basic EPS:
 
  
 
Weighted average common shares outstanding
  
43,949
   
43,847
 
Net income
  
57,298
   
56,561
 
Basic EPS
 
$
1.30
  
$
1.29
 
         
Diluted EPS:
        
Weighted average common shares outstanding
  
43,949
   
43,847
 
Dilutive effect of common stock options and restricted stock
  
519
   
507
 
Weighted average common shares and common share equivalents
  
44,468
   
44,354
 
Net income
  
57,298
   
56,561
 
Diluted EPS
 
$
1.29
  
$
1.28