Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2014

Earnings Per Share [Abstract]

Computation of Basic and Diluted Earnings Per Share

The following table shows the computation of basic and diluted earnings per share:

	For the three months ended				For the nine months ended
	September 30,				September 30,
	2014		2013		2014		2013
	(In Thousands, Except Per Share Data)
Numerator:
Net income allocable to common stockholders	$	11,413	$	13,828	$	41,049	$	33,175
Denominator:
Denominator for basic earnings per share - weighted average shares		9,061		8,828		8,961		8,804
Effect of dilutive employee stock options and warrants		248		148		236		106
Denominator for diluted earnings per share – adjusted weighted average shares and assumed exercise		9,309		8,976		9,197		8,910
Earnings per share:
Basic:
Net income allocable to common stockholders	$	1.26	$	1.57	$	4.58	$	3.77
Diluted:
Net income allocable to common stockholders	$	1.23	$	1.54	$	4.46	$	3.72
Outstanding common stock equivalents having no dilutive effect		44		402		44		557