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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Computation of Earnings Per Share

Earnings per share have been computed based on the following:

 

     Three months ended
March 31,
 
(In thousands)          2015                  2014        

Net income

   $ 8,336       $ 7,365   

Average number of common shares outstanding

     22,727         16,097   

Effect of dilutive stock options and restricted stock

     223         225   
  

 

 

    

 

 

 

Average number of common shares outstanding used to calculate diluted earnings per share

  22,950      16,322   
  

 

 

    

 

 

 

Options excluded from diluted earnings per share because the effect of these options was antidilutive

  23      101   

Restricted stock excluded from diluted earnings per share because the effect of these restricted stock was antidilutive

  —        n/a