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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Reconciliation of Basic and Diluted Earnings per Share
The following is a reconciliation of basic and diluted earnings per share for the periods presented in the consolidated statements of income.
 
Three months ended June 30,
 
2015
  
2014
 
(in thousands, except per share data)
 
  
 
Basic EPS:
 
  
 
Weighted average common shares outstanding
  
44,007
   
43,865
 
Net income
  
19,281
   
27,640
 
Basic EPS
 
$
0.44
  
$
0.63
 
         
Diluted EPS:
        
Weighted average common shares outstanding
  
44,007
   
43,865
 
Dilutive effect of common stock options and restricted stock
  
523
   
498
 
Weighted average common shares and common share equivalents
  
44,530
   
44,363
 
Net income
  
19,281
   
27,640
 
Diluted EPS
 
$
0.43
  
$
0.62
 
 
Six months ended June 30,
 
2015
  
2014
 
(in thousands, except per share data)
 
  
 
Basic EPS:
 
  
 
Weighted average common shares outstanding
  
44,079
   
43,829
 
Net income
  
37,447
   
45,649
 
Basic EPS
 
$
0.85
  
$
1.04
 
         
Diluted EPS:
        
Weighted average common shares outstanding
  
44,079
   
43,829
 
Dilutive effect of common stock options and restricted stock
  
510
   
500
 
Weighted average common shares and common share equivalents
  
44,589
   
44,329
 
Net income
  
37,447
   
45,649
 
Diluted EPS
 
$
0.84
  
$
1.03