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Earnings Per Common Share (Tables)
 9 Months Ended
Sep. 30, 2017
Earnings Per Common Share  
Schedule of computation of earnings per common share

 

Earnings per common share have been computed as follows (in thousands, except per share data):

 

 

 

Three Months Ended
September 30,

 

Nine Months Ended
September 30,

 

 

 

2017

 

2016

 

2017

 

2016

 

 

 

 

 

 

 

 

 

 

 

Net income available to common stockholders

 

$
18,784

 

$
15,422

 

$
50,433

 

$
38,239

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares:

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 
45,324

 
38,256

 
40,669

 
34,009

 

 

 

 

 

 

 

 

 

 

 

Dilutive effect of outstanding options, warrants and restricted stock units as determined by the application of the treasury stock method

 
440

 
398

 
400

 
309

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding, as adjusted for diluted earnings per share calculation

 
45,764

 
38,654

 
41,069

 
34,318

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per common share

 

$
0.41

 

$
0.40

 

$
1.24

 

$
1.12

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per common share

 

$
0.41

 

$
0.40

 

$
1.23

 

$
1.11