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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2018
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)    2018      2017  

Net income

   $ 13,910      $ 12,079  

Average number of common shares outstanding

     22,956        22,870  

Effect of dilutive stock options and restricted stock

     327        362  
  

 

 

    

 

 

 

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

     23,283        23,232  
  

 

 

    

 

 

 

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

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