Earnings per Share (Tables)

9 Months Ended

Sep. 30, 2019

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following is a reconciliation of the numerators and denominators of the basic and diluted earnings per share calculations for the three and nine months ended September 30, 2019 and 2018:

	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2019		2018		2019		2018
	(Dollars in thousands, except per share data)
Net income	$	14,218	$	10,827	$	41,168	$	7,869
Shares:
Weighted average shares outstanding - basic	111,371,754		111,389,951		111,486,179		111,380,218
Effect of dilutive common stock equivalents (1)	—		—		—		—
Weighted average shares outstanding - diluted	111,371,754		111,389,951		111,486,179		111,380,218
Earnings per share:
Basic	$	0.13	$	0.10	$	0.37	$	0.07
Diluted	$	0.13	$	0.10	$	0.37	$	0.07