Calculation of Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2018

Earnings Per Share [Abstract]

Calculation of Basic and Diluted Earnings Per Share

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2018		2017		2018		2017
(in thousands, except shares and per share data)
Calculation of Basic Earnings Per Share:
Net Income	$	5,538	$	6,833	$	38,779	$	32,023
Weighted average shares outstanding	16,378,545		16,344,442		16,366,608		16,334,210
Basic Earnings Per Share	$	0.34	$	0.42	$	2.37	$	1.96
Calculation of Diluted Earnings Per Share:
Reconciliation of Numerator:
Net Income	$	5,538	$	6,833	$	38,779	$	32,023
Reconciliation of Denominator:
Weighted shares outstanding—Basic	16,378,545		16,344,442		16,366,608		16,334,210
Effect of dilutive securities—Share-based compensation	49,894		45,193		49,647		44,423
Adjusted denominator—Diluted	16,428,439		16,389,635		16,416,255		16,378,633
Diluted Earnings Per Share	$	0.34	$	0.42	$	2.36	$	1.96