XML 87 R75.htm IDEA: XBRL DOCUMENT v3.20.2
Net Income Per Common Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Numerator for basic earnings per share:        
Net income from continuing operations $ 18,034 $ 14,931 $ 19,082 $ 18,123
Less: Dividends on preferred stock 115 122 229 243
Net income from continuing operations available to common shareholders - basic 17,919 14,809 18,853 17,880
Net income from discontinued operations available to common shareholders - basic and diluted 0 446 0 446
Net income available to common shareholders - basic 17,919 15,255 18,853 18,326
Numerator for diluted earnings per share:        
Add: Dividends on convertible preferred stock 0 122 0 243
Add: Interest on subordinated debt (tax effected) 0 174 0 346
Net income from continuing operations available to common shareholders - diluted $ 17,919 $ 15,105 $ 18,853 $ 18,469
Denominator:        
Total average shares outstanding (in shares) 11,954,813 11,644,061 11,948,790 11,625,903
Effect of dilutive convertible preferred stock (in shares) 0 489,625 0 489,625
Effect of dilutive convertible subordinated debt (in shares) 0 775,000 0 775,000
Effect of dilutive stock options and restricted stock units (in shares) 57,032 246,616 207,424 249,084
Total diluted average shares outstanding (in shares) 12,011,845 13,155,302 12,156,214 13,139,612
Earnings per share from continuing operations - basic (in dollars per share) $ 1.50 $ 1.27 $ 1.58 $ 1.54
Earnings per share from discontinued operations - basic (in dollars per share) 0 0.04 0 0.04
Earnings per share - basic (in dollars per share) 1.50 1.31 1.58 1.58
Earnings per share from continuing operations - diluted (in dollars per share) 1.49 1.15 1.55 1.41
Earnings per share from discontinued operations - diluted (in dollars per share) 0 0.03 0 0.03
Earnings per share - diluted (in dollars per share) $ 1.49 $ 1.18 $ 1.55 $ 1.44
Stock option        
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]        
Antidilutive securities excluded form computation of earnings per share (in shares) 859,000 386,000 859,000 386,000
Restricted Stock Units (RSUs)        
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]        
Antidilutive securities excluded form computation of earnings per share (in shares) 218,000 142,000 192,000 142,000