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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2012
Earnings Per Share [Abstract]  
Schedule Of Computation Of Basic And Diluted Earnings Per Share

 

 

 

 

 

 

 

 

For the Year Ended December 31,

(In thousands, except per share data)

 

2012

 

2011

 

2010

 

 

 

 

 

 

 

Distributed earnings allocated to  common stock

$

20,603 

$

20,102 

$

20,956 

Undistributed earnings allocated to common stock

 

18,034 

 

20,280 

 

17,767 

Net earnings allocated to common shareholders

$

38,637 

$

40,382 

$

38,723 

 

 

 

 

 

 

 

Average shares outstanding

 

14,714 

 

15,055 

 

15,589 

 

 

 

 

 

 

 

Effect of dilutive securities:

 

 

 

 

 

 

    Employee stock options

 

82 

 

75 

 

62 

 

 

 

 

 

 

 

Shares for diluted earnings per share

 

14,796 

 

15,130 

 

15,651 

 

 

 

 

 

 

 

Basic earnings per share

$

2.63 

$

2.68 

$

2.48 

Diluted earnings per share

$

2.61 

$

2.67 

$

2.47