Net Income per Common Share

12 Months Ended

Dec. 31, 2017

Earnings Per Common Share

Net Income per Common Share

Note 15 — Net Income per Common Share

The calculation of net income per common share for the years ended December 31 was as follows:

(dollars and shares in thousands, except per share data)	2017		2016		2015
Basic:
Net income available to common shareholders	$	100,232	$	97,707	$	83,566
Average common shares outstanding	34,139		33,587		32,836
Basic net income per common share	$	2.94	$	2.91	$	2.54
Diluted:
Net income available to common shareholders	$	100,232	$	97,707	$	83,566
Average common shares outstanding	34,139		33,587		32,836
Adjustment for common share equivalents	182		594		643
Average common shares outstanding-diluted	34,321		34,181		33,479
Diluted net income per common share	$	2.92	$	2.86	$	2.50
Anti-dilutive shares	—		7		5