Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2013

The following table sets forth the computation of basic and diluted earnings per share:

	Three Months Ended				Six Months Ended
	June 30				June 30
(in thousands except per share data)	2013		2012		2013		2012
Numerator:
Net income	$	11,942	$	12,232	$	23,762	$	24,101

Denominator:
Basic earnings per share:
Weighted average shares		15,565		15,451		15,552		15,429
Diluted earnings per share:
Effect of dilutive stock options		76		50		73		46
Adjusted weighted average shares		15,641		15,501		15,625		15,475

Earnings per share:
Basic earnings per share	$	0.77	$	0.79	$	1.53	$	1.56
Diluted earnings per share		0.76		0.79		1.52		1.56