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Earnings Per Share
6 Months Ended
Jun. 30, 2013
Earnings Per Share [Abstract]  
Earnings Per Share
Note 9. Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share:

 

     Three Months Ended
June 30,
     Six Months Ended
June 30,
 
(Dollars and shares in thousands, except per share data)    2013      2012      2013      2012  

Numerator for basic and diluted earnings per share–income available to common shareholders

   $ 4,830       $ 4,763       $ 10,228       $ 10,026   
  

 

 

    

 

 

    

 

 

    

 

 

 

Denominator for basic earnings per share–weighted-average shares outstanding

     16,696         16,770         16,742         16,760   

Effect of dilutive securities–employee stock options and awards

     51         3         54         3   
  

 

 

    

 

 

    

 

 

    

 

 

 

Denominator for diluted earnings per share–adjusted weighted-average shares outstanding

     16,747         16,773         16,796         16,763   
  

 

 

    

 

 

    

 

 

    

 

 

 

Basic earnings per share

   $ 0.29       $ 0.28       $ 0.61       $ 0.60   
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted earnings per share

   $ 0.29       $ 0.28       $ 0.61       $ 0.60   
  

 

 

    

 

 

    

 

 

    

 

 

 

Average anti-dilutive options and awards excluded from computation of diluted earnings per share

     668         603         661         589