XML 26 R16.htm IDEA: XBRL DOCUMENT v3.5.0.2
Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Reconciliation of Earnings Per Share

The following is a reconciliation of our earnings per share (in thousands, except for per share data):

 

 

Three Months Ended, September 30,

 

 

Nine Months Ended, September 30,

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income for basic and diluted earnings per share

$

17,924

 

 

$

19,832

 

 

$

56,561

 

 

$

48,575

 

Weighted average shares outstanding - basic

 

33,212

 

 

 

35,769

 

 

 

34,098

 

 

 

35,970

 

Dilutive effect of  stock options and restricted stock

 

154

 

 

 

134

 

 

 

74

 

 

 

79

 

Weighted average shares outstanding - diluted

 

33,366

 

 

 

35,903

 

 

 

34,172

 

 

 

36,049

 

Earnings per share - basic

$

0.54

 

 

$

0.55

 

 

$

1.66

 

 

$

1.35

 

Earnings per share - diluted

$

0.54

 

 

$

0.55

 

 

$

1.66

 

 

$

1.35