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EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share
Earnings per share have been computed based on the following (average diluted shares outstanding are calculated using the treasury stock method):
 
 
Three Months Ended March 31,
(in thousands, except per share and share data)
 
2018
 
2017
Net income
 
$
7,812

 
$
4,211

 
 
 
 
 
Average number of basic common shares outstanding
 
15,448,338

 
14,471,147

Plus: dilutive effect of stock options and awards outstanding
 
104,631

 
120,126

Average number of diluted common shares outstanding
 
15,552,969

 
14,591,273

 
 
 
 
 
Anti-dilutive options excluded from earnings calculation
 
1,230

 

 
 
 
 
 
Earnings per share:
 
 
 
 
Basic
 
$
0.51

 
$
0.29

Diluted
 
$
0.50

 
$
0.29