Earnings Per Share

12 Months Ended

Dec. 31, 2013

Earnings Per Share

Note 2. Earnings Per Share

The following is a reconciliation of the basic and diluted EPS computations for the years ended December 31, 2013, 2012 and 2011:

	Year Ended December 31,
In thousands, except share and per share amounts	2013		2012		2011
Net income	$	63,466	$	63,762	$	25,597
Basic weighted average shares		14,133,925		14,052,311		14,980,429
Effect of common stock equivalents:
Assumed exercise of stock options and vesting of stock grants		211,628		275,509		202,856
Diluted weighted average shares		14,345,553		14,327,820		15,183,285
Net income per common share:
Basic	$	4.49	$	4.54	$	1.71
Diluted	$	4.42	$	4.45	$	1.69