Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2016

Earnings Per Share [Abstract]

Reconciles Numerators and Denominators of Basic Earnings Per Share with Diluted Earnings Per Share

The following table reconciles the numerators and denominators of basic and diluted earnings per share for the periods presented:

	Three Months Ended March 31,
(in thousands, except shares and per share data)	2016		2015
Numerator for Earnings per Share—Basic:
Net income	$	16,093	$	12,835
Less: Income allocated to participating shares	41		46
Net Income Allocated to Shareholders	$	16,052	$	12,789
Numerator for Earnings per Share—Diluted:
Net income	16,093		12,835
Net Income Available to Shareholders	$	16,093	$	12,835
Denominators for Earnings per Share:
Weighted Average Shares Outstanding—Basic	34,661,016		31,232,075
Add: Potentially dilutive shares	78,498		28,873
Denominator for Treasury Stock Method—Diluted	34,739,514		31,260,948
Weighted Average Shares Outstanding—Basic	34,661,016		31,232,075
Add: Average participating shares outstanding	88,265		111,774
Denominator for Two-Class Method—Diluted	34,749,281		31,343,849
Earnings per share—basic	$	0.46	$	0.41
Earnings per share—diluted	$	0.46	$	0.41
Warrants considered anti-dilutive excluded from potentially dilutive shares - exercise price $31.53 per share, expires January 2019	517,012		517,012
Stock options considered anti-dilutive excluded from potentially dilutive shares	—		155,500
Restricted stock considered anti-dilutive excluded from potentially dilutive shares	81,840		82,901