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Basis of Presentation (Tables)
 3 Months Ended
Mar. 31, 2017
Accounting Policies [Abstract]  
Summary of Basic and Diluted Earnings Per Common Share

The following is a summary of the basic and diluted earnings per common share calculation for each of the periods presented:

 

 

 

Three Months Ended March 31,

 

 

 

2017

 

 

2016

 

Basic earnings per share calculation:

 

 

 

 

 

 

 

 

Net income

 

$

9,753

 

 

$

14,599

 

Weighted-average basic shares outstanding

 

 

24,138,437

 

 

 

17,180,000

 

Basic earnings per share

 

$

0.40

 

 

$

0.85

 

Diluted earnings per share:

 

 

 

 

 

 

 

 

Net income

 

$

9,753

 

 

$

14,599

 

Weighted-average basic shares outstanding

 

 

24,138,437

 

 

 

17,180,000

 

Average diluted common shares outstanding

 

 

472,554

 

 

 

—

 

Weighted-average diluted shares outstanding

 

 

24,610,991

 

 

 

17,180,000

 

Diluted earnings per share

 

$

0.40

 

 

$

0.85

 

Pro forma earnings per share:

 

 

 

 

 

 

 

 

Pro forma net income

 

$

9,753

 

 

$

9,803

 

Weighted-average basic shares outstanding

 

 

24,138,437

 

 

 

17,180,000

 

Pro forma basic earnings per share

 

$

0.40

 

 

$

0.57

 

Pro forma diluted earnings per share:

 

 

 

 

 

 

 

 

Pro forma net income

 

$

9,753

 

 

$

9,803

 

Weighted-average diluted shares outstanding

 

 

24,610,991

 

 

 

17,180,000

 

Pro forma diluted earnings per share

 

$

0.40

 

 

$

0.57