Annual report pursuant to Section 13 and 15(d)

EARNINGS PER SHARE (Tables)

v2.4.0.8
EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Earnings Per Share Computations

Earnings per share computations are based upon the following table:

 

     2013      2012      2011  
(In thousands, except per share data)                     

Net Income

   $ 27,266       $ 21,874       $ 21,591   
  

 

 

    

 

 

    

 

 

 

Basic Earnings Weighted Average Shares

     17,484         17,143         16,750   

Net Effect of Dilutive Stock Options

     875         1,014         1,067   
  

 

 

    

 

 

    

 

 

 

Diluted Earnings Weighted Average Shares

     18,359         18,157         17,817   
  

 

 

    

 

 

    

 

 

 

Basic Earnings Per Share

   $ 1.56       $ 1.28       $ 1.29   

Diluted Earnings Per Share

   $ 1.49       $ 1.20       $ 1.21