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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2012
Earnings Per Share  
Net income available to common shareholders and the weighted average number of common shares used to compute basic and diluted earnings per share

 

 

 
  Three months ended
June 30,
  Six months ended
June 30,
 
(In thousands except per share data)
  2012   2011   2012   2011  

Numerator:

                         

Net income

  $ 9,535   $ 3,717   $ 15,745   $ 8,217  

Less: Net income allocated to participating securities          

    83         120      
                   

Net income available to common shareholders

  $ 9,452   $ 3,717   $ 15,625   $ 8,217  
                   

Denominator:

                         

Weighted average common shares outstanding

    20,338     20,059     20,319     20,021  

Weighted average dilutive securities

    756     919     779     935  
                   

Weighted average common shares outstanding, diluted          

    21,094     20,978     21,098     20,956  
                   

Income per common share, basic

  $ 0.46   $ 0.19   $ 0.77   $ 0.41  

Income per common share, diluted

  $ 0.45   $ 0.18   $ 0.74   $ 0.39