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Earnings Per Share
 6 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
 
The following table sets forth the reconciliation from basic to diluted average common shares and the calculations of net income per common share.  Net income for basic and diluted calculations do not differ.
 
 
Three Months Ended 
 June 30,
 
Six Months Ended 
 June 30,
(In thousands, except per share)
2015
 
2014
 
2015
 
2014
Net Income
$
9,710

 
$
9,195

 
$
17,069

 
$
16,433

Average Common Shares:
 
 
 
 
 
 
 
Basic (weighted-average outstanding shares)
11,352

 
12,097

 
11,316

 
12,090

Dilutive potential common shares from stock options
146

 
179

 
151

 
183

Diluted (weighted-average outstanding shares)
11,498

 
12,276

 
11,467

 
12,273

 
 
 
 
 
 
 
 
Basic earnings per share
$
0.86

 
$
0.76

 
$
1.51

 
$
1.36

Diluted earnings per share
$
0.84

 
$
0.75

 
$
1.49

 
$
1.34



Stock options totaling 33,325 shares for the six months ended June 30, 2015 were not included in the diluted earnings per share calculation because the effect would have been anti-dilutive.

The main difference between diluted common shares for the periods ending June 30, 2015 and June 30, 2014 are the shares the Company retired in September 2014 relating to the stock repurchase from Capital Southwest Corporation.