Earnings per Share (Tables)

9 Months Ended

Sep. 30, 2016

Earnings Per Share [Abstract]

Summary of Calculation of Basic and Diluted Earnings Per Share

A summary of the calculation of basic and diluted earnings per share for the three and nine months ended September 30, 2016 and 2015 is as follows:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(In thousands, except per share amounts)	2016		2015		2016		2015
Numerator
Net income	$	12,415	$	7,067	$	27,657	$	12,928
Denominator
Weighted average number of shares – basic		48,470		49,862		48,839		51,682
Effect of dilutive securities
Stock options		137		29		137		94
Restricted stock and restricted stock units		71		36		60		16
Weighted average number of shares – diluted		48,678		49,927		49,036		51,792
Net income per share – basic	$	0.26	$	0.14	$	0.57	$	0.25
Net income per share – diluted	$	0.26	$	0.14	$	0.56	$	0.25