Net Income Per Share (Tables)

9 Months Ended

Sep. 30, 2017

Earnings Per Share [Abstract]

Schedule of Reconciliation of Denominators and Additional Shares that are Excluded from the Calculation of EPS

The following table sets forth the computation of basic and diluted earnings per share for the three and nine months ended September 30, 2017 and 2016, (in thousands, except for earnings per share): 

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2017		2016		2017		2016
Weighted-average shares:
Common shares outstanding		38,579		37,118		39,803		34,138
RSAs		62		-		60		-
Total weighted-average shares		38,641		37,118		39,863		34,138
Earnings per common share—Basic
Net income	$	9,831	$	5,036	$	27,831	$	13,446
Less: Undistributed earnings allocated to RSAs		16		-		42		-
Net income available to common shareholders—Basic	$	9,815	$	5,036	$	27,789	$	13,446
Net income per common share—Basic	$	0.25	$	0.14	$	0.70	$	0.39
Basic weighted-average common shares outstanding		38,579		37,118		39,803		34,138
Effect of diluted shares		750		505		734		227
Diluted weighted-average shares outstanding		39,329		37,623		40,537		34,365
Net income per common share—Diluted	$	0.25	$	0.13	$	0.69	$	0.39