Net Income per Share (Tables)

9 Months Ended

Sep. 30, 2014

Earnings Per Share [Abstract]

Summary of the net income allocated to common shares and the basic and diluted shares used in the net income per share computations

The following table summarizes the net income allocated to common shares and the basic and diluted shares used in the net income per share computations:

	Three Months Ended   September 30,						Nine Months Ended   September 30,
	2014			2013			2014			2013
	(in thousands)
Net income	$	8,385		$	10,082		$	19,840		$	26,743
Less distributed and undistributed earnings allocated to participating securities	(243		)	(289		)	(576		)	(769		)
Net income allocated to common shares	$	8,142		$	9,793		$	19,264		$	25,974
Weighted average common shares outstanding	24,650			24,849			24,747			24,855
Incremental shares from assumed conversions of common stock options	2			18			5			24
Adjusted weighted average common shares outstanding	24,652			24,867			24,752			24,879
Potentially dilutive securities not included in weighted average share calculation due to anti-dilutive effect	16			—			5			10