Earnings per Share

3 Months Ended

Mar. 31, 2018

Earnings Per Share [Abstract]

Earnings per Share

Earnings per Share

The following reconciles shares outstanding for basic and diluted earnings per share for the three months ended March 31, 2018 and 2017 (in thousands):

	Three Months Ended March 31,
	2018		2017
Weighted average shares outstanding	44,227		32,318
Less: Unallocated ESOP shares	(290	)	(323	)
Unallocated incentive award shares and shares held by deferred compensation plan	(57	)	(94	)
Average basic shares outstanding	43,880		31,901
Add: Effect of dilutive securities:
Incentive awards and shares held by deferred compensation plan	966		1,189
Average diluted shares outstanding	44,846		33,090

For the three months ended March 31, 2018 and 2017, antidilutive stock options of 656,000 and 335,000, respectively, were excluded from earnings per share calculations.