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EARNINGS PER SHARE
6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
EARNINGS PER SHARE

Earnings per share have been computed based on the following (average diluted shares outstanding are calculated using the treasury stock method):
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
(in thousands, except per share and share data)
 
2018
 
2017
 
2018
 
2017
Net income
 
$
8,535

 
$
6,556

 
$
16,347

 
$
10,767

 
 
 
 
 
 
 
 
 
Average number of basic common shares outstanding
 
15,482,188

 
15,393,458

 
15,465,357

 
14,934,850

Plus: dilutive effect of stock options and awards outstanding
 
89,263

 
112,800

 
94,614

 
114,467

Average number of diluted common shares outstanding
 
15,571,451

 
15,506,258

 
15,559,971

 
15,049,317

 
 
 
 
 
 
 
 
 
Anti-dilutive options excluded from earnings calculation
 
3,173

 
8,347

 
19,488

 
9,045

 
 
 
 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
 
 
 
Basic
 
$
0.55

 
$
0.43

 
$
1.06

 
$
0.72

Diluted
 
$
0.55

 
$
0.42

 
$
1.05

 
$
0.72