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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 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 September 30,
 
Nine Months Ended September 30,
(in thousands, except per share and share data)
 
2018
 
2017
 
2018
 
2017
Net income
 
$
8,970

 
$
8,617

 
$
25,317

 
$
19,386

 
 
 
 
 
 
 
 
 
Average number of basic common shares outstanding
 
15,503,488

 
15,420,499

 
15,478,207

 
15,098,377

Plus: dilutive effect of stock options and awards outstanding
 
76,575

 
90,026

 
85,559

 
105,661

Average number of diluted common shares outstanding
 
15,580,063

 
15,510,525

 
15,563,766

 
15,204,038

 
 
 
 
 
 
 
 
 
Anti-dilutive options excluded from earnings calculation
 

 

 
14,394

 
8,247

 
 
 
 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
 
 
 
Basic
 
$
0.58

 
$
0.56

 
$
1.64

 
$
1.27

Diluted
 
$
0.58

 
$
0.56

 
$
1.63

 
$
1.27