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Consolidated Statements of Stockholders' Equity (Unaudited) (USD $)
In Thousands, except Share data
Total
Common Shares Outstanding
Shares Held in Rabbi Trust at Cost
Deferred Compensation Obligation
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive (Loss) Income
Beginning balance at Dec. 31, 2009 $ 412,649 $ 209 $ (2,482) $ 2,482 $ 225,088 $ 184,599 $ 2,753
Beginning balance, shares at Dec. 31, 2009   21,072,196          
COMPREHENSIVE INCOME:              
Net Income 17,257         17,257  
Change in Unrealized Gain on Securities Available For Sale, Net of Tax and Realized Gains/(Losses)             4,458
Change in Fair Value of Cash Flow Hedges, Net of Tax and Realized Gains/(Losses)             (5,784)
Amortization of Prior Service Cost, net of tax             46
Other Comprehensive Loss (1,280)           (1,280)
TOTAL COMPREHENSIVE INCOME 15,977            
DIVIDENDS DECLARED:              
COMMON DIVIDEND DECLARED ($0.38 PER SHARE and $0.36 PER SHARE for 2011 & 2010 respectively) (7,628)         (7,628)  
PROCEEDS FROM EXERCISE OF STOCK OPTIONS 360 1       359  
PROCEEDS FROM EXERCISE OF STOCK OPTIONS, shares   25,595          
TAX BENEFIT RELATED TO EQUITY AWARD ACTIVITY 70       70    
EQUITY BASED COMPENSATION 743       743    
RESTRICTED STOCK AWARDS GRANTED, NET OF AWARDS (109)       (109)    
RESTRICTED STOCK AWARDS GRANTED, NET OF AWARDS, shares   103,843          
DEFERRED COMPENSATION OBLIGATION     (129) 129      
Ending balance at Jun. 30, 2010 422,062 210 (2,611) 2,611 225,792 194,587 1,473
Ending balance, shares at Jun. 30, 2010   21,201,634          
Beginning balance at Dec. 31, 2010 436,472 210 (2,738) 2,738 226,708 210,320 (766)
Beginning balance, shares at Dec. 31, 2010 21,220,801 21,220,801          
COMPREHENSIVE INCOME:              
Net Income 22,308         22,308  
Change in Unrealized Gain on Securities Available For Sale, Net of Tax and Realized Gains/(Losses)             439
Change in Fair Value of Cash Flow Hedges, Net of Tax and Realized Gains/(Losses)             (910)
Amortization of Prior Service Cost, net of tax             252
Other Comprehensive Loss (219)           (219)
TOTAL COMPREHENSIVE INCOME 22,089            
DIVIDENDS DECLARED:              
COMMON DIVIDEND DECLARED ($0.38 PER SHARE and $0.36 PER SHARE for 2011 & 2010 respectively) (8,140)         (8,140)  
PROCEEDS FROM EXERCISE OF STOCK OPTIONS (3,701) (2)     (3,699)    
PROCEEDS FROM EXERCISE OF STOCK OPTIONS, shares   (162,875)          
TAX BENEFIT RELATED TO EQUITY AWARD ACTIVITY 253       253    
EQUITY BASED COMPENSATION 1,352       1,352    
RESTRICTED STOCK AWARDS GRANTED, NET OF AWARDS (361)       (361)    
RESTRICTED STOCK AWARDS GRANTED, NET OF AWARDS, shares   60,495          
SHARES ISSUED UNDER DIRECT STOCK PURCHASE PLAN 262       262    
SHARES ISSUED UNDER DIRECT STOCK PURCHASE PLAN, shares   10,018          
DEFERRED COMPENSATION OBLIGATION     (119) 119      
TAX BENEFIT RELATED TO DEFERRED COMPENSATION DISTRIBUTIONS 74       74    
Ending balance at Jun. 30, 2011 $ 455,702 $ 212 $ (2,857) $ 2,857 $ 231,987 $ 224,488 $ (985)
Ending balance, shares at Jun. 30, 2011 21,454,189 21,454,189