Earnings per Share

12 Months Ended

Dec. 31, 2014

Earnings Per Share, Basic, Other Disclosures [Abstract]

Earnings per Share

EARNINGS PER SHARE

The following table reconciles the number of shares used in calculating the basic and diluted earnings per share for the years ended December 31:

(Dollars in thousands, except per-share amounts)	2014		2013		2012
Net income	$	89,910	$	70,581	$	42,594
Basic weighted-average shares outstanding	40,748,924		40,502,878		40,333,333
Incremental shares due to:
Performance shares	117,830		133,766		134,079
Restricted stock units	27,628		69,076		70,217
Stock options	—		3,567		15,520
Diluted weighted-average shares outstanding	40,894,382		40,709,287		40,553,149
Basic net income per share	$	2.21	$	1.74	$	1.06
Diluted net income per share	$	2.20	$	1.73	$	1.05
Anti-dilutive shares excluded from the calculation:
Performance shares	—		3,441		—
Restricted stock units	1,216		—		315
Total anti-dilutive shares excluded from the calculation	1,216		3,441		315