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Earnings Per Share
3 Months Ended
Mar. 31, 2016
Earnings Per Share [Abstract]  
Earnings Per Share
3. EARNINGS PER SHARE

The following table sets forth the details of basic and diluted earnings per share (“EPS”):

 

     Three months ended
March 31
 

In thousands, except per share

   2016      2015  

Net income

   $ 16,168       $ 13,925   
  

 

 

    

 

 

 

Weighted average common shares outstanding used in basic EPS

     43,521         43,252   

Common shares issuable upon exercise of dilutive stock options and PSAs / RSUs

     350         697   
  

 

 

    

 

 

 

Weighted average common shares outstanding and common share equivalents used in diluted EPS

     43,871         43,949   
  

 

 

    

 

 

 

Earnings per share

     

Basic

   $ 0.37       $ 0.32   

Diluted

     0.37         0.32   
  

 

 

    

 

 

 

 

The following table sets forth potential common shares outstanding for stock options and restricted stock units that were not included in the computation of diluted EPS for the period indicated, because their effect would be anti-dilutive:

 

     March 31  

In thousands

   2016      2015  

Three months ended

     1,694         690