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Earnings Per Common Share (Tables)
3 Months Ended
Mar. 31, 2019
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

 

 

 

March 31, 

 

 

    

2019

    

2018

 

Net income

 

$

25,469

 

$

21,917

 

Shares:

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

53,277

 

 

48,775

 

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

 

 

301

 

 

404

 

 

 

 

 

 

 

 

 

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

 

 

53,578

 

 

49,179

 

 

 

 

 

 

 

 

 

Basic earnings per common share

 

$

0.48

 

$

0.45

 

 

 

 

 

 

 

 

 

Diluted earnings per common share

 

$

0.48

 

$

0.45