XML 31 R19.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Earnings per Share | 6 Months Ended
--- | ---
Jun. 30, 2016
Earnings Per Share [Abstract] |
Earnings per Share | Earnings per Share The following table sets forth the computation of basic and diluted earnings per share using the two class method (in thousands, except per share data):
| Three months ended June 30, |  | Six months ended June 30,
2016 | 2015 |  | 2016 | 2015
Distributed earnings allocated to common stock | $ | 6,375 |  | $ | 6,344 |  |  | $ | 12,751 |  | $ | 12,688 |
Undistributed earnings allocated to common stock | 6,016 |  | 5,505 |  |  | 11,204 |  | 16,950 |
Net earnings allocated to common shareholders | $ | 12,391 |  | $ | 11,849 |  |  | $ | 23,955 |  | $ | 29,638 |
Average shares outstanding | 14,889 |  | 15,104 |  |  | 14,903 |  | 15,079 |
Effect of dilutive securities: |  |  |  |  |  |  |
Warrant outstanding | — |  | — |  |  | — |  | 55 |
Employee stock awards | 13 |  | 23 |  |  | 12 |  | 22 |
Shares for diluted earnings per share | 14,902 |  | 15,127 |  |  | 14,915 |  | 15,156 |
Basic earnings per share | $ | 0.83 |  | $ | 0.78 |  |  | $ | 1.61 |  | $ | 1.97 |
Diluted earnings per share | $ | 0.83 |  | $ | 0.78 |  |  | $ | 1.61 |  | $ | 1.96 |
During the three months ended June 30, 2015 there were no anti-dilutive options outstanding. Options to purchase approximately 4,200 shares of common stock were outstanding during the three months ended June 30, 2016 but were not included in the computation of diluted earnings per share because the options’ exercise price was greater than the average market price of the common shares and therefore, the effect would have been anti-dilutive.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=64863997&loc=d3e1278-109256 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=64863997&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=65016374&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration