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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2014
Reconciliation of Basic and Diluted Earnings per Share Computations

The following is a reconciliation of the basic and diluted EPS computations for the years ended December 31, 2014, 2013 and 2012:

 

     Year Ended December 31,  

In thousands, except share and per share amounts

   2014      2013      2012  

Net income

   $ 95,329       $ 63,466       $ 63,762   

Basic weighted average shares

     14,259,768         14,133,925         14,052,311   

Effect of common stock equivalents:

        

Assumed exercise of stock options and vesting of stock grants

     386,601         211,628         275,509   
  

 

 

    

 

 

    

 

 

 

Diluted weighted average shares

  14,646,369      14,345,553      14,327,820   

Net income per common share:

Basic

$ 6.69    $ 4.49    $ 4.54   
  

 

 

    

 

 

    

 

 

 

Diluted

$ 6.51    $ 4.42    $ 4.45