NET INCOME PER COMMON SHARE

3 Months Ended

Mar. 31, 2014

NET INCOME PER COMMON SHARE

NET INCOME PER COMMON SHARE

NOTE H — NET INCOME PER COMMON SHARE

Basic per common share amounts are computed using the weighted average number of common shares outstanding during the year. Diluted per common share amounts are computed using the weighted average number of common shares outstanding during the year and dilutive potential common shares. Dilutive potential common shares consist of stock options and restricted shares and are calculated using the treasury stock method.

Net income per share is computed as follows:

	Three Months Ended
	March 31,
(In thousands, except share and per share data)	2014		2013
Net income	$	5,997	$	9,490
Shares of common stock outstanding used to compute basic per common share amounts	35,076,828		34,598,494
Effect of dilutive restricted stock and options (1)	338,190		467,538
Shares used to compute dilutive per common share amounts	35,415,018		35,066,032
Basic income per share	$	0.17	$	0.27
Diluted income per share	$	0.17	$	0.27

(1) There were no anti-dilutive options for the three months ended March 31, 2014 and 2013.