Net Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2017

Earnings Per Share [Abstract]

Reconciliation of Net Income and Share Amounts in Computation of Basic and Diluted Net Earnings Per Common Share

The following is a reconciliation of the net income and share amounts used in the computation of basic and diluted net earnings per common share for the three and nine months ended September 30, 2017 and 2016 (in thousands, except per share data):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2017		2016		2017			2016
	(inthousands, except per share data)				(in thousands, except per share data)
Net income	$	32,599	$	33,496	$	91,967		$	94,317
Earnings per share:
Basic	$	0.47	$	0.47	$	1.33		$	1.31
Effect of CESs		-		-		(0.01	)		(0.01	)
Diluted	$	0.47	$	0.47	$	1.32		$	1.30
Weighted average number of shares:
Basic		68,928		71,403		69,389			71,981
Effect of CESs		207		340		225			359
Diluted		69,135		71,743		69,614			72,340