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Earnings Per Share
3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Earnings Per Share
10.
Earnings Per Share
 
For the quarters ended March 31, 2014 and 2013, basic earnings per share were computed by dividing net income by the weighted average number of shares of common stock outstanding during the period. Unexercised stock options and unvested restricted shares are excluded from this calculation but are included in the diluted earnings per share calculation using the treasury stock method as long as their effect is not antidilutive.
 
The following table provides a reconciliation of weighted-average shares used to determine basic and diluted earnings per share.
 
 
 
Quarter Ended
 
 
 
March 31,
 
In thousands
 
2014
 
2013
 
Basic average common shares outstanding
 
 
16,542
 
 
16,752
 
Effect of dilutive options and restricted stock awards
 
 
310
 
 
284
 
Diluted average common shares outstanding
 
 
16,852
 
 
17,036
 
 
For the quarters ended March 31, 2014 and 2013, stock options for 0.1 million and 0.2 million shares of common stock, respectively, were not considered in computing diluted earnings per common share because they were antidilutive.