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Basis of Presentation (Tables)
 3 Months Ended
Mar. 31, 2018
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,

 

 

 

2018

 

 

2017

 

Basic earnings per share calculation:

 

 

 

 

 

 

 

 

Net income

 

$

19,754

 

 

$

9,753

 

Weighted-average basic shares outstanding

 

 

30,613,284

 

 

 

24,138,437

 

Basic earnings per share

 

$

0.65

 

 

$

0.40

 

Diluted earnings per share:

 

 

 

 

 

 

 

 

Net income

 

$

19,754

 

 

$

9,753

 

Weighted-average basic shares outstanding

 

 

30,613,284

 

 

 

24,138,437

 

Average diluted common shares outstanding

 

 

808,546

 

 

 

472,554

 

Weighted-average diluted shares outstanding

 

 

31,421,830

 

 

 

24,610,991

 

Diluted earnings per share

 

$

0.63

 

 

$

0.40