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Income per share (Tables)
6 Months Ended
Jun. 30, 2012
Computation for Basic and Diluted Income per Share
The following is the computation for basic and diluted income per share:

 
 
Three Months Ended
June, 30
   
Six Months Ended 
June 30,
 
 
 
2012
   
2011
   
2012
   
2011
 
 
 
(in thousands, except per share amounts)
 
Net income
  $ 6,099     $ 7,019     $ 11,476     $ 13,877  
                                 
Weighted average basic shares outstanding
    2,016       2,019       2,015       2,018  
Add:  Effect of dilutive securities
    3       11       8       12  
Weighted average diluted shares outstanding
    2,019       2,030       2,023       2,030  
 
Earnings per share:
                       
Basic
  $ 3.03     $ 3.48     $ 5.70     $ 6.88  
Diluted
  $ 3.02     $ 3.46     $ 5.67     $ 6.84