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Earnings per Share (Tables)
12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Diluted, by Common Class
The basic and diluted earnings per share (“EPS”), and the basic and diluted weighted average shares outstanding for all periods as presented in the accompanying Consolidated Statements of Income are shown below :
 
 
For the year ended
December 31,
 
 
(In thousands, except per share amounts)
Earnings per share:
 
2015
 
2014
 
2013
Basic earnings per common share
 
$
2.29

 
$
1.68

 
$
1.58

Diluted earnings per common share
 
$
2.28

 
$
1.67

 
$
1.53

Basic weighted average shares outstanding
 
34,668

 
37,809

 
37,588

Diluted weighted average shares outstanding
 
34,901

 
38,040

 
38,642

Schedule of Weighted Average Number of Shares
Diluted shares outstanding are determined as follows for each years ending December 31, 2015, 2014, and 2013:

 
 
For the year ended
December 31,
 
 
(in thousands)
 
 
2015
 
2014
 
2013
Basic weighted average shares outstanding
 
34,668

 
37,809

 
37,588

Incremental shares for common stock equivalents
 
233

 
231

 
1,054

Diluted shares outstanding
 
34,901

 
38,040

 
38,642