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Net Income Per Share (Tables)
12 Months Ended
Dec. 31, 2015
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:

 
 
Year ended December 31,
 
 
2015
 
2014
 
2013
 
 
(in thousands)
Net income
 
$
39,390

 
$
28,004

 
$
32,032

Less distributed and undistributed earnings allocated to participating securities
 
(981
)
 
(2,002
)
 
(916
)
Net income allocated to common shares
 
$
38,409

 
$
26,002

 
$
31,116

 
 
 
 
 
 
 
Weighted average common shares outstanding
 
24,308

 
24,708

 
24,850

Incremental shares from assumed conversions of common stock options
 
7

 
4

 
22

Adjusted weighted average common shares outstanding
 
24,315

 
24,712

 
24,872

 
 
 
 
 
 
 
Potentially dilutive securities not included in weighted average share
calculation due to anti-dilutive effect
 

 
4

 
8