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Earnings Per Common Share
 12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Earnings Per Common Share

Note 12.  Earnings Per Common Share

Earnings per common share is computed using the two-class method.  The following is a reconciliation of the weighted average number of common shares used in the calculation of basic and diluted earnings per share and antidilutive stock options and restricted stock outstanding for the years ended December 31, 2021, December 31, 2020, and December 31, 2019:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(dollars in thousands, except shares and per share amounts)

 

2021

 

 

2020

 

 

2019

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net Income Available to Common Shareholders

 

$

250,397

 

 

$

153,804

 

 

$

225,913

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted Average Common Shares Outstanding - Basic

 

 

39,837,798

 

 

 

39,726,210

 

 

 

40,384,328

 

Dilutive Effect of Equity Based Awards

 

 

215,866

 

 

 

165,897

 

 

 

265,242

 

Weighted Average Common Shares Outstanding - Diluted

 

 

40,053,664

 

 

 

39,892,107

 

 

 

40,649,570

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings Per Common Share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

6.29

 

 

$

3.87

 

 

$

5.59

 

Diluted

 

$

6.25

 

 

$

3.86

 

 

$

5.56

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Antidilutive Stock Options and Restricted Stock Outstanding

 

 

41,802

 

 

 

113,410

 

 

 

4,905