Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2019

Calculation of Basic and Diluted Earnings Per Share

The diluted EPS calculation includes potential common shares assumed issued under the treasury stock method, which reflects the potential dilution that would occur if any outstanding options were exercised or restricted stock becomes vested.

	Three Months Ended
	March 31,
	2019		2018
	(in thousands, except share and per share amounts)
Basic EPS:
Net income	$	19,400	$	16,169
Basic weighted average common shares		19,229,134		19,187,136
Basic earnings per common share	$	1.01	$	0.84
Diluted EPS:
Net income	$	19,400	$	16,169
Diluted weighted average common shares:
Weighted average common shares		19,229,134		19,187,136
Stock options and restricted stock		68,902		75,101
Diluted weighted average common shares		19,298,036		19,262,237
Diluted earnings per common share	$	1.01	$	0.84