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Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2013

Earnings Per Share [Abstract]

Computation of basic and diluted earnings per share

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

		Three Months Ended								Nine Months Ended
		September 30								September 30
(in thousands except per share data)		2013				2012				2013				2012
Numerator:
Net income		$	12,653			$	10,209			$	36,415			$	34,310
Denominator:
Basic earnings per share:
Weighted average shares			15,594				15,491				15,566				15,450
Diluted earnings per share:
Effect of dilutive stock options			94				64				81				51
Adjusted weighted average shares			15,688				15,555				15,647				15,501
Earnings per share:
Basic earnings per share		$	0.81			$	0.66			$	2.34			$	2.22
Diluted earnings per share			0.81				0.66				2.33				2.21

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations.

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