XML 42 R32.htm IDEA: XBRL DOCUMENT v3.7.0.1
Earnings Per Share - Computation of Basic and Diluted Earnings Per Share (Detail) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Numerator:        
Net income $ 14,221 $ 10,421 $ 39,835 $ 29,009
Less: income allocable to participating securities (49) (129) (138) (360)
Income allocable to common shares 14,172 10,292 39,697 28,649
Add back: undistributed earnings allocable to participating securities 49 129 138 360
Less: undistributed earnings reallocated to participating securities (48) (126) (136) (360)
Numerator for diluted earnings per share $ 14,173 $ 10,295 $ 39,699 $ 28,649
Denominator:        
Weighted average common shares outstanding 50,315,455 50,315,455 50,315,455 50,315,455
Weighted average common shares repurchased (1,277,102) (19,969) (1,200,109) (9,985)
Adjustment for vested restricted stock 8,860,561 7,296,070 8,507,761 7,056,762
Shares for calculating basic earnings per share 57,898,914 57,591,556 57,623,107 57,362,232
Dilutive effect of unvested restricted stock 917,528 1,105,673 1,194,074 1,344,981
Shares for calculating diluted earnings per share 58,816,442 58,697,229 58,817,181 58,707,213
Earnings per share:        
Basic $ 0.24 $ 0.18 $ 0.69 $ 0.50
Diluted $ 0.24 $ 0.18 $ 0.67 $ 0.49