Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 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 September 30,				Nine Months Ended September 30,
(in thousands, except shares and per share data)	2016		2015		2016		2015
Numerator for Earnings per Share—Basic:
Net income	$	20,581	$	18,635	$	53,733	$	49,658
Less: Income allocated to participating shares	68		81		167		204
Net Income Allocated to Shareholders	$	20,513	$	18,554	$	53,566	$	49,454
Numerator for Earnings per Share—Diluted:
Net income	$	20,581	$	18,635	$	53,733	$	49,658
Net Income Available to Shareholders	$	20,581	$	18,635	$	53,733	$	49,658
Denominators for Earnings per Share:
Weighted Average Shares Outstanding—Basic	34,687,487		34,660,007		34,674,453		33,527,549
Add: Potentially dilutive shares	81,018		32,985		72,724		33,980
Denominator for Treasury Stock Method—Diluted	34,768,505		34,692,992		34,747,177		33,561,529
Weighted Average Shares Outstanding—Basic	34,687,487		34,660,007		34,674,453		33,527,549
Add: Average participating shares outstanding	114,746		151,972		108,414		138,441
Denominator for Two-Class Method—Diluted	34,802,233		34,811,979		34,782,867		33,665,990
Earnings per share—basic	$	0.59	$	0.54	$	1.55	$	1.48
Earnings per share—diluted	$	0.59	$	0.54	$	1.54	$	1.48
Warrants considered anti-dilutive excluded from potentially dilutive shares - exercise price $31.53 per share, expire January 2019	517,012		517,012		517,012		517,012
Stock options considered anti-dilutive excluded from potentially dilutive shares - expired in December 2015	—		155,500		—		155,500
Restricted stock considered anti-dilutive excluded from potentially dilutive shares	146,695		118,987		134,983		104,461