Net Income Per Common Share (Tables)

3 Months Ended

Mar. 31, 2017

Basic and diluted net income per common share

Basic and diluted net income per common share calculations are as follows for the periods presented:



	Three Months Ended
	March 31,
	2017		2016
Basic
Net income applicable to common stock	$	23,972	$	21,216
Average common shares outstanding	44,364,337		40,324,475
Net income per common share - basic	$	0.54	$	0.53
Diluted
Net income applicable to common stock	$	23,972	$	21,216
Average common shares outstanding	44,364,337		40,324,475
Effect of dilutive stock-based compensation	116,162		234,670
Average common shares outstanding - diluted	44,480,499		40,559,145
Net income per common share - diluted	$	0.54	$	0.52

Diluted net income per common share due to their anti-dilutive effect

Stock options that could potentially dilute basic net income per common share in the future that were not included in the computation of diluted net income per common share due to their anti-dilutive effect were as follows for the periods presented:



	Three Months Ended
	March 31,
	2017	2016
Number of shares	—	21,500
Exercise prices	—	$32.60