Net Income per Share (Tables)

6 Months Ended

Jun. 30, 2017

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   June 30,						Six Months Ended   June 30,
	2017			2016			2017			2016
	(in thousands)
Net income	$	14,018		$	9,713		$	49,646		$	42,406
Less distributed and undistributed earnings allocated to participating securities	(248		)	(229		)	(909		)	(962		)
Net income allocated to common shares	$	13,770		$	9,484		$	48,737		$	41,444
Weighted average common shares outstanding	20,629			20,869			20,597			20,972
Incremental shares from assumed LTIP awards and conversions of common stock options	109			15			105			10
Adjusted weighted average common shares outstanding	20,738			20,884			20,702			20,982