Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2017

Earnings Per Share [Abstract]

Components of Basic and Diluted Earnings Per Share

The components of basic and diluted earnings per share were as follows for the three-month periods ended June 30, 2017 and 2016:

	Three Months Ended June 30,
(In Thousands, Except Share Data)	2017				2016
	Basic		Diluted		Basic		Diluted
Net income	$	2,958	$	2,958	$	3,114	$	3,114
Weighted-average common shares outstanding	25,133,035		25,133,035		25,366,283		25,366,283
Add dilutive effect of restricted stock unit awards	—		248,717		—		155,270
Add dilutive effect of stock options	—		242,934		—		273,923
Weighted-average common shares	25,133,035		25,624,686		25,366,283		25,795,476
Earnings per common share	$	0.12	$	0.12	$	0.12	$	0.12
Awards excluded from diluted earnings per share calculation(1)	—		—		—		—

(1) Outstanding awards that are not "in-the-money" are excluded from the diluted earnings per share calculation because the effect of including them would have been anti-dilutive.

The components of basic and diluted earnings per share were as follows for the six-month periods ended June 30, 2017 and 2016:

	Six Months Ended June 30,
(In Thousands, Except Share Data)	2017				2016
	Basic		Diluted		Basic		Diluted
Net income	$	22,894	$	22,894	$	25,541	$	25,541
Weighted-average common shares outstanding	25,288,068		25,288,068		25,288,086		25,288,086
Add dilutive effect of restricted stock unit awards	—		248,717		—		155,270
Add dilutive effect of stock options	—		215,740		—		186,221
Weighted-average common shares	25,288,068		25,752,525		25,288,086		25,629,577
Earnings per common share	$	0.91	$	0.89	$	1.01	$	1.00
Awards excluded from diluted earnings per share calculation(1)	—		—		—		—

(1) Outstanding awards that are not "in-the-money" are excluded from the diluted earnings per share calculation because the effect of including them would have been anti-dilutive.