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Common Stock and Earnings per Share (Tables) | 12 Months Ended
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Dec. 31, 2016
Earnings Per Share [Abstract] |
Schedule of Common Stock Outstanding | The table below shows activity in the outstanding shares of the Company’s common stock during 2016.
| 2016
Shares outstanding at January 1 | 11,332,272 |
Issuance of common stock: |  |
Employee restricted stock grants | 15,455 |
Employee SARs exercised | 20,761 |
Directors’ compensation | 9,029 |
Shares repurchased | (187,123 | )
Shares forfeited | (1,928 | )
Shares outstanding at December 31 | 11,188,466
Schedule of the Calculations of Basic and Diluted Earnings per Share | The calculations of basic and diluted earnings per share are as follows:
|  | December 31,
(In thousands except share and per share data) |  | 2016 |  | 2015 |  | 2014
Basic: |  |  |  |  |  |  |  |  |
Net income |  | $ | 24,348 |  | $ | 23,056 |  | $ | 24,033
Weighted average common shares outstanding |  |  | 11,150,395 |  |  | 11,358,609 |  |  | 11,479,025
Basic earnings per share |  | $ | 2.18 |  | $ | 2.03 |  | $ | 2.09
Diluted: |  |  |  |  |  |  |  |  |
Net income |  | $ | 24,348 |  | $ | 23,056 |  | $ | 24,033
Weighted average common shares outstanding |  |  | 11,150,395 |  |  | 11,358,609 |  |  | 11,479,025
Effect of dilutive restricted stock and SARs |  |  | 156,729 |  |  | 159,819 |  |  | 164,954
Weighted average common shares outstanding |  |  |  |  |  |  |  |  |
assuming dilution |  |  | 11,307,124 |  |  | 11,518,428 |  |  | 11,643,979
Diluted earnings per share |  | $ | 2.15 |  | $ | 2.00 |  | $ | 2.06

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- Definition Tabular disclosure of the change in common stock outstanding. + References No definition available. + Details
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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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